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BabelFish

FISH

Accelerating hyperBitcoinization

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Performances

RD Popularity Index

39
5.41%
0 300 600 900 1200
Project Rank: 7576/18764

RD Growth Index

35
0.84%
0 500 1000 1500 2000
Project Rank: 10866/18764
Comparison:

Comparison

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Details

BabelFish's objective is to aggregate and distribute stablecoins, enhance flow, and push hyperBitcoinization. The team at BabelFish developed XUSD, a meta-stablecoin that aggregates, bridges and distributes stablecoins 1:1 across networks. It will also soon lend the collateral in blue chip protocols (e.g. Aave, Compound) to earn yield through a user savings product and lend a percentage of the protocol's collateral. The interest from lending protocol collateral will be used to purchase a Bitcoin insurance pool and reward FISH stakers on RSK.

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