Taler

decentralized bitcoin-backed stablecoin

facts

  • scalable

    up to 400 tps

  • decentralized

    NNS controlled

  • trustless

    100% ckBTC backed

  • smart contract + frontend on chain

    no 3rd parties oracle/bridge/anything

  • stable

    $bTAL price is hard pegged between $1 and $1.10

  • earn yield

    borrow $bTAL, deposit in the liquidation pool and earn yield from liquidations

roadmap

  • introducing Taler

    previously ellipitic DAO

  • founders doxxed

    we are two ex-dfinity foundation engineers

  • launch

  • code audit

  • incentive community program

  • open source code

comparisons

bTAL LUSD USDT DAI
fully on chain yes yes no no
trustless bitcoin bridge yes n/a n/a no
no 3rd party oracle yes no no no
bitcoin backed yes no no no
automatic liquidation yes no n/a no
11x leverage yes yes no no
vault market yes no no no