DAM Finance

Stablecoin Protocol
DeFi

Established Year 2021	Operating Status Active
Ecosystem

DAM Finance is a Web3 liquidity cartel for defining, influencing, and transferring stablecoin liquidity across blockchain ecosystems. Protocol participants can create dPRIME, DAM's portfolio-backed stablecoin, on any chain by borrowing against an expanding basket of tokens or swapping 1:1 with existing stablecoins. DAM presents a solution for global participation, allowing users to take part in local opportunities without the existing UX and security risks of non-canonical tokens.