Kerosene

## DYAD is the first efficiency-maximized decentralized stablecoin. ## KEROSENE powers its ignition #### KEROSENE is the foundation of DYAD’s functionality, and DYAD’s growth accrues to KEROSENE’s value --- #### How? ###### We tokenize DYAD's overcollateralization surplus into a second erc-20 called Kerosene that enables capital efficiency without undercollateralization risk. --- #### Why this matters ###### Unit economics define the success of a stablecoin. If the cost to maintain a dollar peg is less than a dollar, borrow rates can be below market, yield can be above market, and growth can be limitless. --- ###### DYAD benefits from the lindiness of the CDP design and volatility absorption of overcollateralization while maximizing capital efficiency through its KEROSENE mechanism. ## ###### KEROSENE provides DYAD with the explosive scalability of endogenous collateral without the risk since DYAD’s backing remains 100% exogenous. --- ### If LUSD had KEROSENE it would activate **~$450m** that's currently sitting idle waiting to absorb volatility. ### If Maker had KEROSENE it would unlock **~$8.8b.** --- #### Still pre-TGE, DYAD has achieved over $1.5m TVL, with over 500 Note NFTs at .495 ETH NFT floor price minted since deploying to mainnet --- ### Links: X: (https://x.com/0xDYAD) ## Discord: https://discord.gg/UP3wvbRpTx ## DYAD Dune Dashboard: (https://dune.com/murathan/dyad) ## Intro thread: https://x.com/joeyroth/status/1761159775709200789 ## Tokenomics: https://dyadstable.notion.site/KEROSENE-Tokenomics-a4a983c69a354097ba5fd9358057f4bd?pvs=4 ## Technical deep dive: https://www.notion.so/dyadstable/Technical-explanation-38a9f597fba24b6db9b0469a03b70c57?pvs=4 ## Github: https://github.com/DyadStablecoin

Sale type
Liquidity Bootstrapping Pool
Cryptogrills logo
Launch partner
Cryptogrills
LP LockNone
Raise typePublic
Kerosene
Ethereum$KEROSENE
## DYAD is the first efficiency-maximized decentralized stablecoin. ## KEROSENE powers its ignition #### KEROSENE is the foundation of DYAD’s functionality, and DYAD’s growth accrues to KEROSENE’s value --- #### How? ###### We tokenize DYAD's overcollateralization surplus into a second erc-20 called Kerosene that enables capital efficiency without undercollateralization risk. --- #### Why this matters ###### Unit economics define the success of a stablecoin. If the cost to maintain a dollar peg is less than a dollar, borrow rates can be below market, yield can be above market, and growth can be limitless. --- ###### DYAD benefits from the lindiness of the CDP design and volatility absorption of overcollateralization while maximizing capital efficiency through its KEROSENE mechanism. ## ###### KEROSENE provides DYAD with the explosive scalability of endogenous collateral without the risk since DYAD’s backing remains 100% exogenous. --- ### If LUSD had KEROSENE it would activate **~$450m** that's currently sitting idle waiting to absorb volatility. ### If Maker had KEROSENE it would unlock **~$8.8b.** --- #### Still pre-TGE, DYAD has achieved over $1.5m TVL, with over 500 Note NFTs at .495 ETH NFT floor price minted since deploying to mainnet --- ### Links: X: (https://x.com/0xDYAD) ## Discord: https://discord.gg/UP3wvbRpTx ## DYAD Dune Dashboard: (https://dune.com/murathan/dyad) ## Intro thread: https://x.com/joeyroth/status/1761159775709200789 ## Tokenomics: https://dyadstable.notion.site/KEROSENE-Tokenomics-a4a983c69a354097ba5fd9358057f4bd?pvs=4 ## Technical deep dive: https://www.notion.so/dyadstable/Technical-explanation-38a9f597fba24b6db9b0469a03b70c57?pvs=4 ## Github: https://github.com/DyadStablecoin
Sale Type
Liquidity Bootstrapping Pool
Launch Partner
Cryptogrills
LP Lock
None
Raise Type
Public
Completed
Current Price
0.0591
Tokens Sold
98.6%
Market Cap
2.247M
FDV
56.18M
Funds Raised
1.517M
Mar 29, 01:00:00
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About Project
DYAD is the first efficiency-maximized decentralized stablecoin.
KEROSENE powers its ignition
KEROSENE is the foundation of DYAD’s functionality, and DYAD’s growth accrues to KEROSENE’s value
How?
We tokenize DYAD's overcollateralization surplus into a second erc-20 called Kerosene that enables capital efficiency without undercollateralization risk.
Why this matters
Unit economics define the success of a stablecoin. If the cost to maintain a dollar peg is less than a dollar, borrow rates can be below market, yield can be above market, and growth can be limitless.
DYAD benefits from the lindiness of the CDP design and volatility absorption of overcollateralization while maximizing capital efficiency through its KEROSENE mechanism.
KEROSENE provides DYAD with the explosive scalability of endogenous collateral without the risk since DYAD’s backing remains 100% exogenous.
If LUSD had KEROSENE it would activate ~$450m that's currently sitting idle waiting to absorb volatility.
If Maker had KEROSENE it would unlock ~$8.8b.
Still pre-TGE, DYAD has achieved over $1.5m TVL, with over 500 Note NFTs at .495 ETH NFT floor price minted since deploying to mainnet
Links:
X: (https://x.com/0xDYAD)
Discord: https://discord.gg/UP3wvbRpTx
DYAD Dune Dashboard: (https://dune.com/murathan/dyad)
Intro thread: https://x.com/joeyroth/status/1761159775709200789
Tokenomics: https://dyadstable.notion.site/KEROSENE-Tokenomics-a4a983c69a354097ba5fd9358057f4bd?pvs=4
Technical deep dive: https://www.notion.so/dyadstable/Technical-explanation-38a9f597fba24b6db9b0469a03b70c57?pvs=4
Github: https://github.com/DyadStablecoin
Sale Details
Price Discovery
Start Price Per Token
0.0₂₁248 WETHWETH
Start Weights:
99.0%KEROSENE
1.0%WETH
End Weights:
1.0%KEROSENE
99.0%WETH
Max Raise(Hard Cap)
0 WETHWETH
Sale Network:
Ethereum
Raise Type
public
Token Type
ERC-20
Learn more about sale types and financial data in our Fjord Docs
Public Sale Duration
The Public Sale may start earlier if the previous stages finish ahead of schedule. However, it will always end at the set final date and time.
Expected Start Date:
Mar 26, 2024, 1:00 AM UTC
Duration
2 days 23 hours 59 minutes 39 seconds
End Date
Mar 29, 2024, 1:00 AM UTC
Post Sale Details
Token Vesting
No Token Vesting
LP Lock
Locks the sale’s liquidity after the sale to guarantee ongoing trading and prevent sudden withdrawals.
No LP Lock
Token Redemption
Redemption Opens
Fri 29, 2024, 1:00 AM UTC
Previous Investment Rounds
Review key information from prior fundraising rounds, including funds raised, valuations, TGE percentages, and vesting periods, to gain a clear financial snapshot of the project's journey. Please verify all information independently and do your own research (DYOR).
No Previous Investment Round Details
Launch Partner Review
Launch partners enhance Fjord project launches by reviewing projects to meet personal standards, setting parameters to protect all parties' interests (e.g., liquidity locks, token vesting, funding caps), and providing marketing support (if applicable). Always DYOR and verify info.
Launch Partner
Cryptogrills
Innovative stablecoin protocol that employs an ingenious mechanic to offer capital efficiency at the highest level. Working product with growing TVL. Not-Financial-Advice.
Cryptogrills
Did project provide KYC to Launch Partner?
Yes
FAQ
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Sale tokens are normally claimed after the sale closes. If the project configured a claim delay or token vesting, the sale page will show the timing and claim options.