Decentralized Stablecoin (DSC) Protocol

The Decentralized Stablecoin (DSC) Protocol is a blockchain-based platform for minting and burning stablecoins. This protocol ensures a decentralized, trustless system for collateral management, liquidations, and monitoring user health factors. The project demonstrates a robust implementation of DeFi principles and provides a foundation for secure, scalable financial systems.

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Features of the Stablecoin

• Relative Stability

  • The stablecoin is anchored or pegged to a value of $1.00, maintaining relative stability through decentralized mechanisms.

• Stability Mechanism (Minting)

  • Algorithmic (Decentralized): Minting of the stablecoin is governed by an algorithmic mechanism that ensures the system remains decentralized and transparent.

• Collateral

  • The stablecoin is backed by exogenous collateral, currently supporting the following assets:
    1. wETH (Wrapped Ethereum)
    2. wBTC (Wrapped Bitcoin)

• Testing Framework

  • Built and tested using Foundry, ensuring high-quality smart contracts with robust unit and integration testing.

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Why This Project?

This project showcases my journey as a blockchain developer, emphasizing my skills in smart contract development, decentralized finance (DeFi), and security practices. It is designed to be a foundational tool for anyone interested in decentralized stablecoin systems.

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Technology Stack

• Development Tools: Foundry
• Programming Languages: Solidity
• Testing Framework: Foundry for unit and integration tests
• Deployment: Designed for Ethereum-compatible chains

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Contributing

Contributions are welcome! To contribute to the project, follow these steps:

1. Fork the Repository

   • Click the "Fork" button at the top right of this repository to create your own copy.

2. Clone the Forked Repository

   • Use the following command to clone the repository to your local machine:

     git clone https://github.com/<your-username>/Decentralized-Stablecoin.git
     cd Decentralized-Stablecoin

3. Create a New Branch

   • Create a branch for your feature or bug fix:

     git checkout -b feature/your-feature-name

4. Make Your Changes

   • Implement your feature, fix bugs, or improve documentation.
   • Ensure that your code follows the project's coding standards.

5. Run Tests

   • Before submitting your changes, ensure all tests pass:

     forge test

6. Commit Your Changes

   • Commit your changes with a clear and concise message:

     git commit -m "Add: Description of your feature or fix"

7. Push Your Branch

   • Push the branch to your forked repository:

     git push origin feature/your-feature-name

8. Open a Pull Request

   • Go to the original repository and click "Pull Requests" > "New Pull Request".
   • Select your branch and provide a detailed description of your changes.

Contribution Guidelines

• Ensure code is well-documented and tested.
• Follow the coding style and standards of the project.
• Be respectful and collaborative in code reviews and discussions.

Thank you for your contributions!