This has been in the works for over a year. Excited to finally share it.
Stablecoins have been slowly drifting away from the original ethos of Ethereum. This is our attempt to show that an alternative can exist.
Monolith is live.
Stablecoins are DeFi’s most important money primitive, but launching one has always been too hard, too centralized, or too dependent on trusted operators.
Monolith changes that.
A permissionless protocol for creating crypto-backed stablecoins built to last.
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