CementDAO brings together the stablecoin community to create one unified stablecoin ecosystem.
Stable cryptocurrencies are needed for mass adoption. There are over 150+ different stablecoins,
each with their own user base, leading to a fragmented ecosystem.
Cement unifies the ecosystem by bringing these users together.
WHAT IS CEMENT DAO
CEMENT IS A BASKET OF MANY STABLECOINS
Stablecoin holders can deposit their stablecoins into the Cement Mixer (that’s what we’re calling
the basket), to benefit from increased liquidity, greater stability and protection from risk.
THE MIXR PROVIDES ON DEMAND LIQUIDITY AND DECENTRALIZED EXCHANGE FOR STABLECOINS
Depositing a stablecoin in the Mixer allows you to seamlessly exchange it for any other stablecoin in the Mixer. For example, a holder of TUSD can easily pay a provider that only accepts Dai.
THE COMMUNITY CHOOSES WHICH STABLECOINS CAN BE IN THE MIXR
Members of the community vote for Rating Agents, who compete to identify the best stablecoin projects, and a vote determines which stablecoins are allowed in the Mixer. Additionally, the community can vote to eject stablecoins from the Mixer.
MANAGING RISK AND REWARDS BASED ON USER PREFERENCE
Cement creates a marketplace for risk. Users are protected from the risk of failure of any of the underlying stablecoins and from diversification of their exposure. They also have the option to earn returns by absorbing this risk. These rewards are paid out from the fees collected by the Mixer.