This project is a decentralized stablecoin pegged to the US Dollar, designed for users seeking a crypto asset with relative price stability. It leverages Chainlink Pricefeeds to convert ETH and BTC into USD, allowing users to mint the stablecoin with sufficient collateral in wETH or wBTC. The stability mechanism is algorithmic and decentralized, making it ideal for crypto enthusiasts and investors looking for a reliable store of value within the blockchain ecosystem.
How the donated funds are distributed
Kivach works on the Obyte network, and therefore you can track all donations.