Arkadiko
On-chain borrowing, secured by Bitcoin.
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About
Arkadiko is a decentralized, non-custodial liquidity protocol built on the Stacks blockchain, aiming to bring DeFi capabilities to Bitcoin. It allows users to collateralize assets like STX tokens to mint USDA, a stablecoin soft-pegged to the US Dollar, enabling increased liquidity while maintaining original asset exposure.
Key Features
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USDA Stablecoin
Users can mint USDA by locking collateral in over-collateralized vaults, ensuring system stability. -
Self-Repaying Loans
By collateralizing STX tokens to mint USDA, users can engage in various on-chain activities—effectively creating self-repaying loans. -
Decentralized Smart Contract Automation
Arkadiko offers "Keepers," a feature that automates smart contract operations based on conditional events.
Tag:defi-bitcoin
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