BDO vaults
- This stablecoin is likely depegged. The current rate is 880.584 BDO / 1 USD fetched at .
About bDollar
bDollar (BDO) was an algorithmic stablecoin on Binance Smart Chain inspired by Basis Cash. It used a seigniorage model with boardroom and bond mechanisms to maintain its peg. The project is now defunct and the token has no value.
Stablecoin price 1 BDO = $0.00
bDollar was an early algorithmic stablecoin on BNB Smart Chain, inspired by Basis Cash. It launched in late 2020 as part of a wave of seigniorage-model forks attempting to build collateral-free, algorithmically stabilised dollar pegs.
Mechanism
Three-token seigniorage model (mirroring Basis Cash):
- BDO — the stablecoin targeting $1.00
- sBDO (bDollar Share) — seigniorage and governance token
- bBDO (bDollar Bond) — bond token for peg recovery
Status
Defunct. BDO lost its peg and the protocol has been abandoned. The website bdollar.fi is no longer maintained.
Sources
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vaults TVL $0 Avg. return --- Stablecoin-only Updated
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