Introducing Ring Protocol

Abstract

Introduction

Stablescoin

Centralized — Secure and Scalable but centralized risk

Over-collateralized — Secure and Decentralized but not scalable

Algorithmic — Scalable and Decentralized but not secure, stable, or fair‌

Introducing Ring Protocol and RUSD

Uniswap V3‌

Governance and RING token

Conclusion

Reference‌

One Ring to rule them all — Yield Compounding Stablecoin Protocol on Uniswap V3