Introducing Mithril Cash - A New Algorithmic Stablecoin
Mithril Cash is the new algorithmic stablecoin forged from Mithril, a valuable silver-like metal that is not only stronger but also lighter than steel, just as the community that we are building.
As the growth of cryptocurrencies adoption continues, so must the growth of a strong set of stablecoin options. Mithril Cash will launch with no team nor investor allocations. Only those who contribute into the project will be rewarded. This project will launch on December 30, 0200 UTC+8.
The Launch of Mithril Cash will incorporate the following communities. Please see Genesis for more information
Mithril (MITH): The most widely used social token in Asia, also project namesake
Yearn (YFI): Need we say more
Sushiswap (SUSHI): Popular fork of Uniswap
Cream (CREAM): DeFI Lending Protocol, Compound and Balancer fork
Compound (COMP): Autonomous interest rate protocol built for developers
Aave (AAVE): Open Source and Non-Custodial protocol to earn interest on deposits and borrow assets
Curve.fi (CRV): Exchange liquidity pool, extremely efficient stablecoin trading
Chainlink (LINK): Most widely used oracle network