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.
Refer to project as Mochi
Refer to token as $MOCHI
Refer to stablecoin as $USDM
- 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.
Unlock productivity in NFTs and long-tail crypto-assets with the cross-chain USDM stablecoin
Deposit and earn yield on collateral while also borrowing against it.