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Floatcoin

An anti-inflation protocol

Details

Floatcoin is a unique stablecoin designed to combat inflation by anchoring its value to the US CPI basket, ensuring the preservation of purchasing power. Floatcoin is designed to be over-collateralized by LP tokens from the crvUSD/DAI/USDC/USDT/FRAX 5-coin trading pairs, which provides initial liquidity of those core assets for the Base chain.