DAM Finance is a decentralized finance (DeFi) protocol that enables the creation of a decentralized, over-collateralized stablecoin, d2o. The protocol's mission is to build a global, private unit of account by allowing users to deposit a basket of yield-generating assets as collateral to mint d2o. It is designed to be omnichain, leveraging technologies like Polkadot's Cross-Consensus Message Format (XCM) to allow its stablecoin to move seamlessly between different blockchain ecosystems, starting with Polkadot and Ethereum.

Founded in

Australia