English Overview

Yamato Protocol is a simple overcollateralized stabled token issuing Dapp with minimal governance (variables).

It has the following features

  • no liquidation (collateral rate health is maintained by the protocol and user collateral redemption system)

  • no interest (one-time fee system)

  • low collateral ratio (minimum 130%)

  • revenue sharing incentives through governance token staking

  • autonomous collateral ratio maintenance mechanism within the system