Alkemy Mint™
Alkemy is a decentralized stablecoin protocol that operates on a variable spectrum; allowing users to mint different types of stablecoins (genesis: pUSD, pKRW, pEUR) while relying on a single set of collateral - USDC + PRIMA (Alkemy’s share token). A shared collateral pool allows for support for multiple stablecoin currencies regardless of trading volume and market dominance, with strict controls in place to ensure that treasury assets & collateralization ratios remain stable.
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