DYAD is the first stablecoin optimized for unit economics. DYAD transcends the decentralization vs cost dilemma by moving beyond the isolated collateral pools of the traditional CDP and the funding rates and centralization of newer delta neutral designs.

DYAD achieves this through an innovative design comprised of shared collateral pools that dNFTs (DYAD NFTs) fund as they compete for the lowest DYAD mint cost.

Through this process, dNFT owners can unlock a host of potential yield opportunities through our burgeoning DEFI ecosystem.

dNFT Claiming

To start, claim your DYAD NFTs (dNFTs). Once the first collateral pools are deployed in the coming weeks, the rest of your journey will begin.

Collateral Locking

Once you have your dNFT and the first pools launch, you can lock collateral into the pool or pools of your choice. You can then choose a lock term from 1 week to 4 years.

The longer the lock size and the lock time, the greater share of the pool you can use as collateral for minting DYAD.

XP

XP represents the combined USD value of all your collateral pool shares earned from locking collateral. Your amount of XP is affected by:

• The size and length of your collateral locks in the pools of your choice
• The size and length of other dNFTs’ collateral locks in the same pools
• Pool size increases from these collateral locks and fee inflows
• Pool size decreases from DYAD redemptions and collateral unlocks
• The spot price of the pool’s collateral