Decentralized DeFi platform using Bitcoin-backed stablecoins.
Arkadiko is a decentralized protocol on Stacks for collateralized loans, stablecoin USDA, token swaps, and Bitcoin interaction, enhancing DeFi on Bitcoin.
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What is Arkadiko (DIKO)?
Arkadiko is a decentralized liquidity protocol on the Stacks blockchain that enables users to collateralize assets and generate the stablecoin USDA, thereby increasing liquidity. It leverages Proof of Transfer (PoX) for yield generation and creates self-repaying loans by utilizing STX-collateralized vaults. Additionally, Arkadiko offers token swapping and liquidity pools with DIKO incentives. By taking advantage of Stacks' ability to interact with Bitcoin, Arkadiko aims to use BTC as collateral within smart contracts, positioning itself as a vital component of Bitcoin's DeFi ecosystem. Governed as a decentralized autonomous organization (DAO), Arkadiko strives to enhance the utility of Stacks assets and establish USDA as a prominent decentralized stablecoin.
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Arkadiko price live information
As of now, Arkadiko is trading at 0.037901 USD, with a 24-hour trading volume of approximately 0 USD. The DIKO to USD price is updated in real time. Over the past 24 hours, Arkadiko has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 2.88M USD. Currently, there are 76 028 333 DIKO in circulation out of a maximum supply of 100 000 000 DIKO.
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