SafeDollar — The Next Generation Algo Stablecoin on Polygon

Pre-Launch — Airdrop

SafeDollar will airdrop 100,000 SafeDollar (SDO) to 8 communities: Basis Cash, Mithril Cash, PolyDoge, Safemoon, Quickswap, bDollar, Iron.Finance, MidasDollar with a total of 35,984 wallets.

Stage 1.1 — Seed Pool

Single Asset pools will be open at Friday 11 June 2021 12:00:00 PM UTC

  • WMATIC (2% fee): 10x
  • WETH (2 % fee): 10x
  • USDT (0% fee): 1x
  • USDC (0% fee): 1x

Stage 1.2 — Airdrop

Airdrop start date: from Saturday 12 June 2021 02:00:00 AM UTC

Stage 2 — Liquidity Mining Pool SDO/USDT to earn SDS

3 tokens algo stable coin with auto deflation for Share

1. SDO (algo stable coin with tax mechanic)

  • Tax = Min[0.1, (1 — price) * 0.2]
  • 0.5% sent to Jackpot fund
  • 0.5% sent to Boardroom
  • TX fee = 2% (50% to buyback SDO and burn, 50% to add liquidity)
  • When SDO under peg, convert SDO for SDB to get bonus when price over peg

Use Cases for SDO

1. Trading Safe Assets (Synthetic Assets)

  • USDT + SDO (max 18%) → safeUSDT (sUSDT)
  • WMATIC + SDO (max 18%) → safeMATIC (sMATIC)
  • and more
  • Mega Jackpot (with fund from boardroom)
  • Decentralize games

Distribution

SDO
Initialize supply: 500K

  • 100k to airdrop for BasicCash, Mithcash, bDollar, Iron.Finance, MidasDollar, Safemoon, Quickswap, PolyDoge top-holders
  • 400k for farming in 10 weeks (90k first week — halving 20% weekly)
  • 20x SDO/USDC (no fee) (open after 36 hours)
  • 10x WMATIC (2% fee)
  • 10x WETH (2 % fee)
  • 1x USDT (no fee)
  • 1x USDC (no fee)
  • SDO/USDC earn SDS
  • SDS/USDC earn SDS
  • SDS/USDC earn SDO (from boardroom)
  • safeUSDC/SDO earn SDS
  • safeWMATIC/SDO earn SDS
  • safeWETH/SDO earn SDS
  • safeWBTC/SDO earn SDS

SDS

Total Supply: 1.000.000

  • Private sale + IDO: 2.5%
  • Dev + MKT: 17.5% (vesting in 80w)
  • DAO: 20% (vesting in 80w)
  • Farming: 60% (in 80w)

Safe Center

Reward from:

  • SDO expansion rate
  • Fee mint/redeem from Synthetic Assets
  • Trading fee
  • 35% for staker in boardroom
  • 15% for SDS LP providers (locked in 80w)
  • 40% for DAO fund
  • 10% to lottery
  • Maximum 1% SDS circulating supply per address.
  • More details to be posted at the seperate article and documentation page

Contracts:

SDO: 0x86bc05a6f65efdada08528ec66603aef175d967f
SDS: 0x352db329B707773DD3174859F1047Fb4Fd2030BC
SdoRewardPool: 0x17684f4d5385FAc79e75CeafC93f22D90066eD5C
ShareRewardPool: 0x029D14479B9497B95CeD7DE6DAbb023E31b4a1C3

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Safe Dollar

Safe Dollar

Algo Stable Coin X Deflation Protocol X Synthetic Assets