Overview
About
New-gen of stablecoins
Mosaic is bringing decentralized, fiat-pegged stablecoins to underserved blockchains. Borrow MoUSD against REEF, coming soon.
Mosaic Protocol is a fork of Liquity that aims to enable more borrowing across a variety of blockchains, beginning with Reef Chain. Users will borrow MoUSD with REEF at a 0% interest rate, with a one-time fee incurred instead.
Mosaic's efficient liquidation mechanism, forked from Liquity, allows users to get the most liquidity for their REEF, under normal operation.