MEAD
MEAD is the decentralized stablecoin at the heart of the Roots protocol. Users can mint their MEAD by depositing approved Berachain assets such as BGT-earning LP tokens on Berahub. The system requires a minimum collateral ratio to mint MEAD, ensuring stability. MEAD maintains its peg through a combination of overcollateralization, stability pool incentives, and redemption mechanisms. Users can freely swap MEAD on partner exchanges or use it to provide liquidity in MEAD-based trading pairs, making it a versatile stablecoin solution for Berachain. Key Properties:- Collateral-backed (minimum ratio depending on the collateral)
- Decentralized minting/redemption
- Stability Pool integration
- Full ecosystem composability
- Variable minting/redemption fees