Decentralized

Composable

Stable

Empty Set Dollar (ESD) is an algorithmic stablecoin built to be the reserve currency of Decentralized Finance.

What is

Empty Set Dollar? ⟶

Stable

ESD uses an algorithmic approach to maintaining price stability around a 1 USDC target. This approach relies on a tuned incentivization mechanism to reward actors who promote stability within the protocol.

Composable

Even with a dynamic system supply, Empty Set Dollar adheres to the ERC-20 token standard. This makes it work seamlessly across the decentralized finance infrastructure and reduces the likely hood of unforeseen bugs in integrated protocols.

Decentralized

Since day one Empty Set Dollar has had completely decentralized on-chain governance. Additionally, the protocol launched with 0 initial supply and no pre-mine for the anonymous founding team.

Participate in

ESD Governance ⟶

Protocol Governance

Empty Set Dollar has open & democratic on-chain governance infrastructure. This is used to upgrade or improve the protocol as the community see's fit. If you'd like to vote on updates to the protocol or propose a protocol upgrade your self, follow the link below.

Treasury Governance

In addition to the protocol level governance, ESD has a treasury that receives 2.5% of all supply expansions. These funds can be used to for various activities outside of protocol upgrades. You can vote on or propose via off-chain governance platform linked below.