InformationTVL

LaDAO Xocolatl

Total Value Locked78,030 POL
Chain Breakdown
Polygon77,588 POL
BSC441.72 POL
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(155.69m POL)Overnight Finance(101.2m POL)QiDao(35.73m POL)Parallel Protocol(14.98m POL)mStable CDP(13.53m POL)Preon Finance(2.86m POL)Iron Finance(1.48m POL)Davos Protocol(851,664 POL)xDollar(699,979 POL)PolyQuity(492,010 POL)