Citizen Reserve
  • Citizen Reserve
  • How It Works
  • Mechanisms
    • Citizen Banks
    • Borrowing ZUSD Stablecoin
    • Withdrawals
    • Reserve Fund (OLD)
    • Reserve Fund Liquidity Provider Queue and Citizen Bonds.
    • Liquidations
      • Liquidation 1.0) Reserve Fund
      • Liquidation 2.0) Collateral Auction
      • Liquidation 3.0) Slash Auction
    • Redemptions
    • Citizen DAO Governance
    • Citizen DAO Treasury
    • Oracle Module
    • Deployment of Alternative Stablecoin Frameworks
    • Liquidian Bridge
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  1. Mechanisms

Deployment of Alternative Stablecoin Frameworks

Under DAO governance, the DAO may choose to deploy Citizen’s framework to create more stablecoins in terms of any arbitrary reference asset like the Euro, Yen, Bitcoin, or oil.

Should the Citizen DAO choose to support additional stablecoins for other reference assets, Citizen validators will be tasked with obtaining a pricefeed of the exchange rate for all whitelisted assets in terms of the new reference asset.

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Last updated 1 year ago