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A FULLY-BACKED, TRUST-MINIMIZED & COMMUNITY-OWNED STABLECOIN FOR WEB3

What is
Digital Standard Unit →

Empty Set’s stablecoin (DSU) has been developed to be collateral for web3
applications. The protocol’s low amount of dependancies and simple design make
it suited for truely decentralized applications.

Simple mechanics

DSU is designed to be simple & reliable. Users can mint & redeem DSU on-demand
with stable collateral.

100% backed

Empty Set operates with a 100% or higher collateral. This ensures the DSU is
always collateralised.

Small dependancy footprint

To operate Empty Set relies on two well established & throughly audited
protocols: Compound & USDC.

Layer 2 compatible

Using batcher contracts, DSU can be minted with a reduced gas burden & directly
on to L2s to satisfy demand & keep volatility around the peg low.

Future proof

Via the ESS governance token, collateral or reserves can be replaced via a
governance vote. This allows Empty Set to react to new risks.

Low-risk collateral

Empty Set consumes a low-risk collateral to back DSU, this ensures the stability
of DSU. cUSDC is the collateral of choice.

Why integrate
Empty Set protocol →

Empty Set fills a particular niche within the web3 ecosystem. No other protocol
is focused on a high-stability, low-risk & trust-minimized stablecoin design.

Trust-minimized, always.

A key tenant of web3 is decentralization, in all forms. Empty Set is able to
issue a stablecoin against collateral with different trust guarantees and
maintain the decentralization of its stablecoin.

This allows for collateral with strong redemption guarantees to be used, while
ensuring DSU and the protocols built on top of it are truely decentralized.

Stable, but future-proof

Empty Set’s design is intentionally low maintenance, however in this industry
things can change rapidly: various forms of collateral may fall out of favour or
be wound down completely.

Empty Set’s modular design allows for its components or dependancies to be
replaced without disrupting the protocols up the stack that rely on it.

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