BlobFlow is a stablecoin ecosystem consisting of many Blob stablecoins tracking various fiat currencies, commodity prices and economic indices. Blob’s stabilization mechanism is Token Curated Registries (baskets) of other stablecoins, which are selected by Flow utility governance token holders. Blob needs at least two other stablecoins to track a certain peg.
BLOBs are most reliable stablecoins fully decentralized with FLOW. BLOBs are backed by baskets of other stablecoins selected by FLOW holders.
BLOBFLOW is decentralized money with the mission of replacing fiat currencies.
Diversified with top stablecoins
Driven by smart contracts
Governed by FLOW token holders
10 billion total supply
Rewards for originating BLOBs
Fees for redeeming BLOBs