Durovs Protocol

Durovs Protocol on the TON blockchain introduces a stablecoin ideal for those who own TONcoin. Unlike algorithmic types, it is a community-driven, secure, cryptocurrency-backed, over-collateralized stablecoin based on CDP that also functions as a lending mechanism. Integrated with various TMAs, Durovs Protocol also provides an acquiring system in TON - don't sell TON if you need to pay for something in USD. If the TON exchange rate goes up, just return DurovUSD and get TON back. If it falls - we will automatically partially sell the position: and you don't need to keep an eye on the TON rate. There are plans to introduce Bemo, Tonstakers, Hipo and Ton Whales as collateral in the future, this provides liquidity and stability, ideal for TON coin holders who don't want to sell. Translated with DeepL.com (free version)