Arbitrum first, multi-chain in the future
The $FLUID token and initial deployment of DigitalDollar ($DUSD) are on Arbitrum network.
We wanted to create a stablecoin that you could mint & burn directly from your bank account in minutes, cheaply, and on-chain (!).
Mainnet would be more expensive, and slow. Which means it’s only worth it at large amounts per transaction, a problem.
Our UI still says ‘2 minutes’, but on Arbitrum it’s usually settled within 30 seconds, and very cheaply.
We plan eventually to deploy our verifiable, 1:1 backed stablecoins on as many chains as possible.
We will also seek to integrate the stablecoins into protocols running on these chains. We will investigate special deals with these communities, where they can adopt the stablecoins plus an integrated bank account, as well as liquidity mining campaigns.
Arbitrum $DUSD contract address: 0xf0b5ceefc89684889e5f7e0a7775bd100fcd3709 (Arbiscan)
Arbitrum $FLUID contract address: 0x876Ec6bE52486Eeec06bc06434f3E629D695c6bA (Arbiscan)
DigitalDollar - $DUSD can be deployed on any blockchain, however, our home base is focused on Ethereum. Our tech stack is now built to easily be integrated into any EVM compatible blockchain but if needed or if there is community demand we can expand this.
We chose Arbitrum as our first network, because of its incredible speed, low costs, and innovative community.
Blockchains we are now deployed to:
- Arbitrum - Mainnet & Testnet (public)
- Ethereum - Testnet (internal)
- Polygon - Testnet (internal)
Chains we are exploring:
Have a strong opinion? Tell us on Telegram: https://t.me/fluid_fi