what's Arkadiko?

Arkadiko is a decentralized, non-custodial liquidity protocol built on the Stacks blockchain, which extends Bitcoin's security to enable smart contracts and DeFi applications. It allows users to collateralize their STX tokens—Stacks' native cryptocurrency—to mint USDA, a USD-pegged stablecoin backed by over-collateralized assets. This mechanism provides a way to unlock liquidity from Bitcoin-aligned holdings without selling underlying assets, fostering DeFi growth in the Bitcoin ecosystem. The protocol introduces innovative features like self-repaying loans, where interest payments from borrowers automatically accumulate to repay principal over time, reducing the need for active management. Governance is handled through the DIKO token, which enables community participation in protocol decisions, upgrades, and risk parameters. Arkadiko's design emphasizes security and capital efficiency, integrating with Stacks' Proof-of-Transfer consensus to leverage Bitcoin's hashrate for finality. By bridging Bitcoin's vast liquidity with programmable finance, Arkadiko aims to create a robust DeFi layer on Bitcoin, supporting lending, borrowing, and stable value transfer while maintaining decentralization and user sovereignty.

Arkadiko became an early access customer of Immunefi's unified platform for security services.

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