token - How to create a Privacy Preservinng Algorithmic Stablecoin in Ethereum

Question

How to create privacy focus algorithmic stable coin on ethereum I want to create a algorithmic stablecoin on the top of ethereum platform please suggest any reference, website, code

question from:https://stackoverflow.com/questions/65834913/how-to-create-a-privacy-preservinng-algorithmic-stablecoin-in-ethereum

Answer 1

Privacy Preserving Tokens can be created in Ethereum Network using the Confidential Token zkERC20 standard ( EIP - 1724 ). Please refer to the following EIP Specification. There are good reference implementations of Algorithmic Stablecoins in Ethereum such as XUSD. Please check the following GitHub Repo for further details of the implementation.