Africa Reserve Stable Coin is a Stable Reverse Asset that is pegged to the USD
- @author Matimu Ignatius
- The system is designed to be minimal as possible, and have the tokens maintain a 1 token == $1 peg.
- This stablecoin has the properties:
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- Exogenous Collateral
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- Dollar Pegged
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- Alogrithmically Stable
- It is simmilar to DAI if DAI has no gvernance, no fees and was only backed by wETH and wBTC.
Upgrade to unpeg to USD
Our Stablecoin Features
- (Relative Stability) Anchored or Pegged -> $1.00
- Chainlink Price Feed.
- Set a function to exchnage ETH & BTC -> $$$.
- Stability Mechanism (Minting): Algorithmic (Decentralized)
- Can only mint the StbaleCoin with enough collateral.
- Collateral: Exogenous (Crypto)
- ETH ERC20 version wETH.
- BTC ERC20 version wBTC.
-> Calculate Health Factor Function -> Set Health Factor if dept is 0 -> Added a bunch of view Function
- What are our invariants/properties?