Colors Finance
  • 🌈Colors.Finance
  • Unique Features
  • 💵Tokenomics and Distribution
  • Future Roadmap & Enhancements
  • ❓FAQs
  • Socials
  • Migration
    • 🎯Purpose of Migration
  • ⚫Introducing the BLACK Token
  • ⭐Introducing the PINK Governance Token
  • Deprecation of GREEN and BLUE
  • 🏦Colors Vault: Merging DAO Fund and PSR
  • 🔮Future Outlook
  • How to Migrate
  • PROTOCOL & MECHANISMS
    • 💲Tokens & Contract Addresses
    • ⚖️Stabilization Mechanism
    • ⚙️Platform
      • 🏦Canvas
      • Palatte
    • 💪DAO Fund
    • 📜Contracts
  • HOW-TOS
    • Steps to Add Sonic to MetaMask
    • How to Buy RED, GREEN, BLUE
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  • BLUE – Color Blue Token
  • GREEN – Color Green Token
  • RED - Color Red Token
  1. PROTOCOL & MECHANISMS

Tokens & Contract Addresses

PreviousHow to MigrateNextStabilization Mechanism

Last updated 2 months ago

BLUE – Color Blue Token

0x11adA83cDD4771D280457bEeA4Fd130F67F6ECC7

BLUE is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol deterministically expands and contracts the BLUE supply to maintain BLUE 's peg to 1 ฿ in the long run.

BLUE actively pegs via the algorithm, it does not mean it will be valued at 1 ฿ at all times as it is not collateralized. BLUE is not to be confused with crypto or fiat-backed stablecoin.

GREEN – Color Green Token

0xd1F4414c66E5e046635A179143820f4CBf0D3D3b

GREEN is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol deterministically expands and contracts the GREEN supply to maintain GREEN 's peg to 1 USDC.e in the long run.

GREEN actively pegs via the algorithm, it does not mean it will be valued at 1 USDC.e at all times as it is not collateralized. GREEN is not to be confused with crypto or fiat-backed stablecoin.

RED - Color Red Token

0xc52A41B03d1E5C68E9873EfFd29fDf71799C5eA0

RED is one of the ways to measure the value of the protocol and shareholder trust in its ability to maintain multi-printer close to peg. During epoch expansions, the protocol mints multi-printer and distributes it proportionally to all RED holders who have staked their tokens in the boardroom. RED holders will have voting rights (governance) on proposals to improve the protocol and future use cases within the protocol.

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