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LaDAO Xocolatl
LaDAO Xocolatl
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Description
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
Total Value Locked
$24,443
BSC:$131.73
Polygon:$24.31k
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Methodology
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.
Protocol Information
Category
Audits
Yes