About Autonomint
On-chain hedge markets
Autonomint is our underlying codebase enabling nondollar.life application. Autonomint codebase enables a creation of on-chain hedge markets for any asset in the world. It's a PvP type platform where 2 sides meet Hedgers – users who want to hedge their tokens/currencies
Earners – users who want to earn high option premium yields on their stablecoins or tokens like OP, AERO, etc. The mechanism allows to drastically reduce the costs incurred to hedge any asset. We do this with a combination of stablecoin and on-chain credit default swaps. Users also get liquidity back in USDA+, a stablecoin soft pegged to US Dollar.
Anytime users deposit ETH, BTC or currencies like EURO/KRWQ, they get to mint & borrow USDA+ So, users can hold both dollar and non-dollar assets together by borrowing one against the other.
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