The world's first decentralised stable coin is backed by a basket of stable coins and cryptocurrencies with no centralised control. The De swap Protocol is designed to enable a comprehensive money market protocol. Users will be able to mint YAI by using the yTokens from the underlying collateral already submitted to the protocol. Users can borrow up to 50% of the remaining value in their yTokens to mint YAI.Stable coins can be created synthetically and added as a proposal through Governance.
