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Mosaic Protocol

Listed on: 29 Feb 2024

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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.

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