The First Overcollateralized Stablecoin on Alephium
Leveraging Innovative Borrowing & Liquidation Auctioning System. 
Users can Mint AlphBanX Dollar (ABD) by depositing Collateral, Leverage their position or use it to generate Yield. 

AlphBanX Redemption Mechanism will protect ABD at any point, allowing users to always redeem 1 ABD for 1 $.

The Liquidation Auction System works as a counterparty to protect the protocol from undercollateralized Assets - and in return, allowing users to buy collateral with up to 20% Discount.


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AlphBanX

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