InformationTVL

LaDAO Xocolatl

Total Value Locked$18,148
Chain Breakdown
Polygon$18,044
BSC$103.44
USDPOL

Protocol Information

LaDAO is the organization bringing Defi and web3 to Mexico. We created and maintain $XOC; the first decentralized stablecoin with close peg to the mexican (MXN) peso. The xocolatl protocol is the system that allows $XOC to be minted or burned using overcollateralization of crypto assets

Category:CDP

Audits:
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Methodology

TVL: Counts all the tokens being used as collateral in the House of Reserves contracts that back $XOC. $XOC is the first decentralized stablecoin with peg close to the mexican (MXN) peso.

TVL

Competitors

Angle($32.08m)Overnight Finance($21.88m)QiDao($8.02m)Parallel Protocol($3.43m)mStable CDP($2.9m)Preon Finance($675,992)Iron Finance($316,316)Davos Protocol($183,701)xDollar($154,112)PolyQuity($107,050)