roadmap · Q3 2026MXD
A stablecoin backed by real assets, not bank rails
MXD is the dollar leg of every BV DeFi product. 120% over-collateralized by MXTK, no liquidations, dual-fee model. Launching Q3 2026 — code shipped, audit + ZK proof ceremony in flight.
The trade
MXD is the dollar leg that lets every BV DeFi product clear without touching a bank. Backed 120% by MXTK, MXD provides stable settlement for tranche distributions, tax-credit purchases, energy trades, and compute marketplaces — without depending on a banking partner.
How it works
- Open a position by depositing MXTK collateral.
- Mint MXD up to the 1.0 / 1.2 = 83% LTV cap.
- Hold, transfer, or settle. No interest accrues on outstanding MXD.
- Close the position by burning MXD; collateral is returned.
Mechanics
- Collateral: MXTK at 120% over-collateralization
- Liquidations: none — positions cannot be force-closed; the collateral price-cushion is sized so the system tolerates significant drawdown without action
- Fees: 0.5% circulating fee + 40% in-ground reserve allocation
- Audit: Slither static-analysis report on Trust
Trust
- 120% over-collateralization with on-chain reserve view
- All collateral marks fed by BV Price Feeder
- No external liquidator network needed (no liquidations)