Four level liquidation algorithm based onchian, fullly decentralized,instantly,low to 10% liquidation fee.
When the protocol collateralization ratio is in the low area,0 stability fee
Which means that a maximum of US$110 of collateral assets can be minted in a stablecoin of US$100.
Utopia accepts multi-coin and multi-lp token,to maximize the funds efficient.
Investors of Euro, pound,Yen, and Australian dollar need a stablecoin to access DeFi directly,also it is Multi-chain supported.
To maximise profitability, Utopia protocol designed a reinvestment mechanism. The proportion of reinvestment is limited to the strategic contract of reinvestment, which can be integrated to save natural gas.
- back-end developer
- University of Melbourne,
- National Tsing Hua University
- Front-end developer
- 3D design, user experience
- Cracow University of Economics
The security of the Utopia protocol is our #1 priority, and we go through regular audits for new releases. However, we also encourage users of the protocol to audit the contracts and security to understand the underpinnings of the protocol; and acknowledging that audits can not remove risks completely.