Agoric
Economy 101
The place to deploy your DeFi application to execute safely in a sound economy with consistent prices. This will allow your dapp to thrive alongside existing businesses and market participants.
RUN - Stable Local Currency
RUN is a stable local currency pegged to the USD to facilitate economic growth and on-chain transactions.
RUN will be used to pay for execution of transactions and other critical chain services
RUN is pegged to the USD backed by on-chain collateral and supported by Automated Market Maker
The local currency and AMM are core DeFi primitives that the Agoric system provides.
BLD - Staking Token
The BLD staking token secures and stabilizes the Agoric economy by supporting staking, governance, and decentralization
Fees paid in RUN generated in the Agoric economy flow to support staking and the security of the chain.
Stakers receive liquidity to spend in the economy based on their staking and participation
BLD holders are key to governing Agoric by voting on important proposals
Built to leverage the multichain ecosystem
Using IBC and the Gravity Bridge, assets from external chains like the Cosmos Hub and Ethereum can participate in our economy
