HaloDAO RNBW Price 0.00000002

What is the name of the entity?
Stable coins can be swapped between each other and against other assets via an automated market maker on the HaloDAO Protocol.
The network will be launched on the binance smart chain and polygon.
The native utility token is called RNBW. How network resources are allocated is determined by governance participation. Stable coin profits are earned when staked in voting and voting in governance. It is possible to have recourse for lending markets. There is a Collateral for AMM.
The protocol includes: The Automated Market Maker (AMM) has a custom bonding curve that caters to swap between different priced stable coins. Stable coins have a risk profile that increases the utility of the Lending Market. Off chain voting on chain execution is optimistic governance. The xRNBW vesting token is used to reward RNBW liquidity.

The number of RNBW token in circulation is capped at 100 million.

Who are the originators of the protocol?
Jun Ming Yong is the founder and Protocol Lead of the HaloDAO Foundation. Jun has been fascinated with increasing financial inclusion for a long time. Christopher Verceles joined him to work on the project. Ensuring that local stable coin liquidity can be built is the purpose of HaloDAO. There are no other stablecoin projects that have succeeded beyond the US dollar.