FiatBasedFacilitator
Facilitator based on off-chain fiat collateral using proof of reserves
Project Description
This project is a Facilitator that mints GHO based on off-chain collateral using integration with Chainlink Proof-of-Reserves. It will serve as an on-ramp for purchasing GHO tokens using fiat. Tokens minted by the Facilitator will be backed 1:1 with off-chain collateral. Thank you.
How it's Made
This project is build using hardhat, typescript and solidity. Facilitator is using Chainlink's reserves data feed to get information about current reserves and based on that can mint GHO tokens backed 1:1 with the off-chain collateral. As this is PoC the reserves feed is mocked to present the usecase.
