Decentralized Omnichain Stablecoin $D2O Live on Ethereum and Moonbeam

Feb 07,2023,17:20

DAM Finance, a liquidity infrastructure provider, announced its decentralized omnichain stablecoin $D2O is live on Ethereum and Moonbeam.

$D2O is an over collateralized stablecoin. Users can mint $D2O on Ethereum using $USDC as collateral, and teleport it to the Moonbeam network through DAM's decentralized dReservoir protocol to access native stablecoin liquidity on Polkadot.

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