Oscar Cash is an open-source, permissionless, highly scalable, and decentralized algorithmic protocol based on Heco.
Oscar Cash employs an innovative mechanism that is entirely market-dependent and transparently executed through the algorithm within smart contracts. This algorithm is responsible for balancing stablecoin supply with demand fluctuations to ensure the token price remains relatively stable.
OSC - Oscar Cash
The Oscar Cash token is designed to serve as a medium of exchange, with its supply expanding and contracting through a built-in stabilization mechanism, maintaining its peg to USDT.