Mixture Money
Mixture Money is the yield bearing interest Stable Coin protocol on Solana.
Users will be able to mint a stable coin $MIX while earning yield on their liquidity positions.
Currently, when a user provides liquidity on Atrix, Raydium, Saber, Orca, the user's fund will be locked in and the user will not be able to do anything else with those positions.
Mixture offers the most capital-efficient ways of solving this problem and offer few key advantages:
Capital Efficient
- Users will only need to provide 110% of the collateral ratio unlike other protocols like Maker or Parrot which users have to deposit sometimes 200% of the collateral ratio to mint stable coins ( Currently, we are in alpha phase so the ratio is set at 125%; however, we will lower this in the future) .
Interest-free
- The protocol will not charge any interest if users mint any $MIX. This is a vast distinction from other protocols which charges users ~1% interest.
Ecosystem
- We have partnered with multiple lending protocols on Solana, so users will be able to earn a high yield on the $MIX.