DeFi Stablecoins

Author: @Lyes-Boudjabout

License: MIT

DeFi Stablecoins – A minimal, overcollateralized, algorithmically-stable cryptocurrency system inspired by MakerDAO’s DSS, pegged 1:1 to the USD, and backed exclusively by exogenous collateral (WETH & WBTC). Designed without governance or fees, the system ensures stability and decentralization through collateral-backed minting and redemption.

Features

• Exogenous Collateral – Supports ETH & BTC as backing assets
• USD Peg – Maintains 1 DSC = $1 peg at all times
• Algorithmic Stability – No centralized price control
• Overcollateralization – Ensures safety of peg
• Minimal Governance – No fees, no complex DAO structure
• ERC20 Stablecoin Contract – Fully compatible with DeFi protocols

Requirements

• git
  • You'll know you did it right if you can run git --version and you see a response like git version x.x.x
• foundry
  • You'll know you did it right if you can run forge --version and you see a response like forge 0.2.0 (816e00b 2023-03-16T00:05:26.396218Z)

Run Locally

Clone the project

  git clone https://github.com/Lyes-Boudjabout/defi-stablecoins

Go to the project directory

  cd defi-stablecoins

Install dependencies

  forge install openzeppelin/openzeppelin-contracts smartcontractkit/chainlink-brownie-contracts

Foundry Documentation

https://book.getfoundry.sh/

📬 Reach Me Out

I’m always open to discussions, collaborations, and feedback. Feel free to connect with me through any of the channels below:

GitHub: @Lyes-Boudjabout | LinkedIn: Lyes Boudjabout | Email: nl_boudjabout@esi.dz