# Welcome to Mochi ## Join the Mochi Community: ### [Twitter](https://twitter.com/MochiDeFi) | [Telegram](https://t.me/MochiDeFi) | [Discord](https://discord.mochi.fi) | [Blog](https://medium.com/@MochiDeFi) | [Website](https://mochi.fi/) ## Whitepaper {% embed url="" %} ## Posts {% embed url="" %} {% embed url="" %} # Audits Audits to date: 4 Audit documents made public: 2 {% file src="/files/-MhTlcFC40\_BApv4BanQ" %} {% file src="/files/-MhTleNOhp\_qgDkXO7Xs" %} Completed 2021 Oct 21-Oct 27 Audit Contest with Code4rena {% embed url="" %} # Terms of Service By clicking or tapping any button or box marked “accept” or “agree” (or a similar term) in connection with this Agreement, or by accessing or using the site, dApp, protocol and/or related smart contracts on any blockchain network, you confirm you have read, understood and agreed to be bound by these terms and conditions, which may be modified from time to time at our sole discretion. In case of any disputed information, the information presented herein will supersede. The Mochi protocol smart contracts are [audited](http://xyz.com/audits). However, it is highly recommended you Do Your Own Research (DYOR) and never use funds within the Mochi protocol that you cannot afford to lose. You will not be compensated for any losses. All interactions with associated smart contracts on any blockchain network and dApp on mochi.fi are at your own risk. We are not responsible for your use and your data processed in this decentralized and permissionless network. You affirm that you are aware and acknowledge that we are a non-custodial provider of software services, meaning that we do not custody, control or manage user funds in any manner whatsoever. The related smart contracts on any blockchain network are deployed in a decentralized environment wherein the related smart contracts on any blockchain network can be autonomously and directly accessed by users without any involvement or actions taken by us or any third-party. We do not charge any fees for use of site, dApp, protocol and/or related smart contracts on any blockchain network. However, in connection with your use of the site, dApp, protocol and/or related smart contracts on any blockchain network, you agree to bear all costs necessary to conduct a transaction, such as gas cost. We attempt to provide accurate costs information, but this information is highly volatile and can change quickly without users necessarily being aware of these changes. You understand that no content published on the website or on the social media channels constitute a recommendation to buy or sell any security or cryptocurrency. You acknowledge that the content is for informational purposes only and does not constitute investment advice. Investment in cryptocurrency involves large risks and you are solely responsible for your investment decisions and should consult a financial professional to assess your own personal and financial situation. Creators of this content are not registered investment advisors or an investment company. ACQUIRING/HOLDING/OWNING/USING PROTOCOL TOKENS DOES NOT PROVIDE/GUARANTEE YOU OR ANYBODY ELSE DIVIDENDS OR ANY KIND OF RETURNS. ACQUIRING PROTOCOL TOKENS DOES NOT PROVIDE YOU WITH ANY RIGHTS IN ANY JURISDICTION. THE PROTOCOL TOKEN IS NOT A CURRENCY BUT AN INTERNET DIGITAL UNIT OF NON-FINANCIAL UTILITY THAT CAN BE USED SOLELY IN THE PROTOCOL. THE MOCHI PROTOCOL SHALL NOT BE LIABLE TO YOU OR ANYBODY ELSE FOR ANY DAMAGE OR (AND) LOSSES IN ANY CONNECTIONS WITH PROTOCOL TOKENS. IF YOU DO NOT AGREE WITH ANY PART OF THIS DISCLAIMER PLEASE CONSIDER LEAVING THIS WEBSITE AND NEVER ACQUIRE/HOLD/OWN/USE PROTOCOL TOKENS. 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This means the application of changes, replacements, or discontinuations (temporarily or permanently) of the site, dApp, protocol and/or related smart contracts on any blockchain network may occur at any time at sole discretion. * You acknowledge and agree that the pricing information provided on the site, dApp, protocol and/or related smart contracts on any blockchain network does not represent an offer, a solicitation of an offer, or any advice regarding, or recommendation to enter into, a transaction with us. * You acknowledge and agree that the we do not act as an agent for yourself or any of the users. * You are solely responsible for your use of the site, dApp, protocol and/or related smart contracts on any blockchain network, including all transfers of tokens you make. * In connection with using the site, dApp, protocol and/or related smart contracts on any blockchain network, you will only transfer legally-obtained tokens that belong to you. * You will obey all applicable laws in connection with using the site, dApp, protocol and/or related smart contracts on any blockchain network. You will not use the site, dApp, protocol and/or related smart contracts on any blockchain network if the laws of your country, or any other applicable law, prohibit you from doing so in accordance with these terms. * You are solely responsible for reporting and paying any taxes applicable to your use of the site, dApp, protocol and/or related smart contracts on any blockchain network. * You are not and have not been placed on any excluded or denied persons lists by any authority. * You are responsible for complying with any applicable export controls or embargoes. * Any tokens used by you in connection with the site, dApp, protocol and/or related smart contracts on any blockchain network are either owned by you or that you are validly authorized to carry out actions using such tokens. * You acknowledge and agree that we have no control over, or liability for, the delivery, quality, safety, legality or any other aspect of any tokens that you may transfer to or from a third party, and that we are not responsible for ensuring that an entity with whom you transact actually completes the transaction or is authorized to do so. If you experience a problem with any tokens purchased from or sold to a third party through the site, dApp, protocol and/or related smart contracts on any blockchain network, you bear the entire risk. * You covenant that all activity and conduct in connection with your use of the site, dApp, protocol and/or related smart contracts on any blockchain network, including any resultant transactions of the tokens, will be in compliance with all applicable law, rules, regulations, requirements, guidelines and policies of any governmental or quasi-governmental body or regulatory agency, any self-regulatory organization. * You are not a resident of any of the following countries or regions: Belarus, Burma (Myanmar), Burundi, Central African Republic, Congo, Côte d'Ivoire, Cuba, Iran, Iraq, Lebanon, Liberia, Libya, Mali, Nicaragua, North Korea, Somalia, South Sudan, Sudan, Syria, Crimea (Ukraine/Russia), Venezuela, Yemen, Zimbabwe (“Non-Supported Countries”). * You do not use Virtual Private Network software or any other privacy or anonymization tools or techniques in order to circumvent any restrictions which apply to the site, dApp, protocol and/or related smart contracts on any blockchain network, especially those which restrict the geographical availability of the site, dApp, protocol and/or related smart contracts on any blockchain network. # FAQ **What is Mochi?** Mochi is a cross-chain, autonomously governed decentralized stable currency protocol fully backed by long-tail and yield-bearing assets. Mochi unlocks productivity in various collateral, enabling new value creation and accelerating innovation in DeFi. **What is USDM?** USDM is the native stablecoin to the Mochi protocol. It’s an overcollateralized stablecoins backed by other crypto assets. **What are the supported wallets at Mochi.fi?** The following wallets are supported: Metamask, Trezor, Ledger, WalletConnect, CoboVault, Lattice, Coinbase Wallet, Portis, Fortmatic, Torus, Opera, Liquality, Frame, and Authereum **​When will this launch?** The token is not launched yet. However, the protocol is live. Please keep an eye on the announcement channels for news related to the upcoming launch of the Mochi token. **Do you have any whitepaper?** You can find the [**Mochi whitepaper here**](https://hackmd.io/@mochifoundation/mochi-whitepaper). **What do you mean by Long Tail Assets?** Long-tail assets are those outside the largest and most well-known assets such as BTC, eth, stablecoins, and some DeFi blue chips. Mochi has developed a way to safely provide yield-bearing and liquidity tokens fully backed by a wide variety of crypto assets. This allows a wider variety of crypto assets, including long-tail and less liquid tokens, with otherwise healthy markets, to get listed, enable collateralization, and mint the USDM stablecoin. **Where can I find a list of vaults listed on Mochi?** The list of available vaults can be [**found here**](https://mochi.fi/vaults). **Are there any audits?** You can find the [**audits here**](https://docs.mochi.fi/audits). **Do you have a forum?** [**https://forum.mochi.fi/**](https://forum.mochi.fi/) **Can NFTs be used as collateral?** Yes with more/better functionality soon. You can find more [**information here**](https://medium.com/@MochiDeFi?p=ae451a7b6a0f). **In the event that my vault becomes undercollateralized and up for liquidation, is there a "grace period" in which I can add more collateral or pay back debt? In the event that it gets liquidated, do I lose the entirety of my collateral or only a % of it?** Right now there isn't a grace period, because when undercollateralized the priority is for the protocol to recover any debts without risking insolvency or shortfall, as for partial liquidations, that's a priority being worked on, not implemented yet **I am a complete Newbie to the crypto/Defi world. Any tips to learn more about DeFi?** This can be a [**good place to start**](https://newsletter.banklesshq.com/p/-guide-1-starting-with-bankless). **How does USDM prevent depegging?** All USDM is fully backed by collateral in vaults and peg maintained via Curve pool. **Can you do anything with USDM?** * Earn rewards by staking them on Convex. * Use our highly liquid pool to swap it into USDC/USDT/DAI to use it for any of the purposes those stablecoins have. # Developer Resources * Whitepaper: * GitHub: [https://github.com/MochiFi/ ]() * Audits: ### Contract addresses: * CSSRRouter: 0x766F7F7E249Dbd0003916F52B2eFE1AC44DaD836 * Engine: 0x860e47e6d6f4a6bcaaddfc7f17f772d2ab55be2f * USDM: 0x31d4Eb09a216e181eC8a43ce79226A487D6F0BA9 * mochiProfile: 0x62a1c67eeb86543b9c704eaf876789deb6264c14 * Liquidator: 0xa8dad48B9e59b670524A755c95A9A2cFBEa91a3f * vaultFactory: 0x96076026Ae262f1D6a9b88BE49BBa0e8A80367EF * Uni CSSR: 0x09e9efd406bb2c3fc7d06f31c74174cd09c5963e * Sushi CSSR: 0xe9F9f3f04e778F955259B28E1a70d94Ca7d81752 * chainlink: 0xa8347e1266EFC18BD0d79ff16aa2262f77cb28C8 * Token Adapter: 0xc944b238b8aa4cd696e0bdebb2055c3024bc4932 * Uni LP Adapter: 0xA6046bF666dBb1493e4A6A5FA1906f109d8E896B * Sushi LP Adapter: 0x5d278481af7c543c1Cd565A2506B5951048d175f # Media Resources ### About Mochi puts your NFTs and long-tail assets to work as collateral while maintaining exposure to their long-term value. An autonomously governed protocol, Mochi bridges the gap between NFTs and DeFi to pioneer a new way to maximize the utility of emerging digital assets. [Twitter](https://twitter.com/MochiDeFi) | [Telegram](http://t.me/MochiDeFi) | [Discord](http://discord.mochi.fi/) | [Whitepaper](https://mochi.fi/) | [Website](https://mochi.fi/) ### Brand Info Refer to project as **Mochi** Refer to token as **$MOCHI** Refer to stablecoin as **$USDM** #### USDM Peg: * The USDM stablecoin is soft pegged to the USD and Mochi helps maintain the peg with dedicated, highly capital efficient stable pegged-asset pools on Curve. * This value is fully backed by overcollateralized vaults with credit parameters assigned based on total on-chain liquidity and credit utilization. #### Main Narrative: Unlock productivity in NFTs and long-tail crypto-assets with the cross-chain USDM stablecoin #### Resonating Message: Deposit and earn yield on collateral while also borrowing against it. # Mochi Logo ### Mochi 1024 px: ![](/files/zPBwWQepEmkAHUkXoCSG) ### Mochi 512 px: ![](/files/ZC6xbRfgOXX8fJ6P5Bjf) ### Mochi 256 px: ![](/files/1i3huFNEZBFZlTENXbN2) ### Mochi 128 px: ![](/files/eCMbpxNaPHXvOVN3gCqk) # USDM Logo ### USDM 1024 px: ![](/files/EnZ6AqzKhapPJw9OTvfp) ### USDM 512 px: ![](/files/OPhxbF7cgachg9fPQEIn) ### USDM 256 px: ![](/files/k83PrfKSgsi8pig7rtjN) ### USDM 128 px: ![](/files/yytOe6Ag0xlEgVFTp2uF)