TiTi Protocol (TITI)TiTi Protocol, a multi-asset reserve stablecoin based on decentralized Monopoly Auto Market Maker mechanism. TiTi Protocol aims to bring a new type of elastic supply decentralized stablecoin solution to DeFi and Web3 that incorporates the Multi-Assets-Reserve mechanism. Fundraising Round: $3.5 Million Testnet round 2 IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is TiTi Protocol
Compared with the existing stablecoin, such as USDT, DAI, FEI, etc., TiTi Protocol has six major advantages: decentralized, high capital utilization, more stable efficient guaranteed by risk-proof reserves and multi-asset reserves, resistance to volatility risks. Its stablecoin TiUSD will become a new type of trading medium in the crypto world, while meeting the investment needs of different investors.
TiTi key features:
- Open and Transparent: TiTi Protocol is fully realized through smart contracts on the chain, and the mechanism is open and transparent
- High capital efficiency: Compared with over-collateralized stablecoins, TiTi Protocol has a higher capital efficiency
- Stronger stable capability: TiTi Protocol brings a new type of elastic supply decentralized stablecoin solution that incorporates the Multi-Assets-Reserve mechanism. The stabilization mechanism does not rely too much on the decentralized and is more efficient which ensures that there is sufficient value support behind each TiUSD token
- Anti-Volatility risk: By introducing the multi-assets reserve mechanism, the protocol amortizes the risk of individual asset fluctuations, thereby enhancing the risk resistance of the entire system
DetailsRaised: 3,500,000 USDLegalRegistration country: SingaporeRegistration year: 2020 Office address: 390 ORCHARD ROAD #07-03 PALAIS RENAISSANCE, 309 # 07-03, Singapore, SG | Token infoTicker: TITIToken distribution: Community - 50% DAO Reserve - 20% Team - 10% Ecosystem Growth - 5% Fundraising - 15% |
TiTi Protocol Roadmap
Background Research, mechanism design, the protocol deduction and simulations
Testnet Launch, further improve the Protocol
Mainnet Launch with USDC as first reserve asset
Introduce multi-asset reserve, including ETH, DAI ect
Increasing the demand for TiUSD by expanding application scenarios such as lending ect.