How it works
- The Monolith Factory allows anyone to deploy an immutable stablecoin by providing a collateral token address and a price feed.
- Borrowers can mint Monolith stablecoins by choosing between two modes: a 0% borrow rate loan but be subject to redemptions OR a variable rate loan and be protected from redemptions.
- The protocol adjusts the variable borrow rate to protect the peg. This is possible thanks to the first fully autonomous interest rate controller in a stablecoin.
- Each Monolith stablecoin includes a staking vault (sToken) that pays holders from the interest generated by borrowers.
- Each Monolith stablecoin becomes irreversibly immutable when reaching a maximum immutability deadline of four years since deployment.
Getting Started
Choose your path to explore Monolith:Deploy a stablecoin
Learn how to deploy your own decentralized stablecoin using the Monolith Factory.
Borrow Stablecoins
Understand how to borrow stablecoins by providing collateral and choosing between different borrowing modes.
Buy and Stake Stablecoins
Discover how to buy stablecoins and earn yield by staking them in the staking vault.
Read the FAQ
Get answers to frequently asked questions about the Monolith protocol.
Under the hood
Dive deeper into the technical aspects and advanced features of Monolith:Protocol Deep Dive
Understand the core mechanics of stablecoin creation, debt management, and protocol economics.
Security & Audits
Review our security audits, bug bounty program, and risk disclosures.
Developers
Access contract addresses, integration guides, and technical documentation.
Contracts Reference
Complete API reference for all Monolith smart contracts with detailed function specifications.