About this explorer

Basedollar issues BD, a dollar-tracking stablecoin borrowed against five collateral types: ether (WETH), staked ether (wstETH, rETH and cbETH) and wrapped bitcoin (wcbBTC). A borrower opens a Trove — a collateralised loan — and sets their own interest rate; paying a higher rate pushes the Trove further from redemptions, the mechanism that holds BD at a dollar by paying off the lowest-rate loans first.

Each row of the listing is one Trove: its collateral, its BD debt, its collateral ratio and dollar value at the branch's price today, the rate its owner chose, and its status. Or compare the branches and their redemption queues.