Money on Chain is a DeFi protocol that offers four significant different tokens. The idea is to provide use cases and avenues for performance to Bitcoiners, whilst allowing them full control of their private keys. Money on Chain also operates on the RSK network, maintaining its Bitcoin focus.
Dollar on Chain (DoC) is the first 100% bitcoin-collateralized token, pegged 1:1 to the US dollar.
DOC Contract Address: 0xe700691da7b9851f2f35f8b8182c69c53ccad9db
₿PRO (BPRO/BITP) is a token that returns passive income through distributed sharing of pooled profits and other means. ₿PRO holders can benefit from free long leverage, courtesy of DoC token holders. ₿PRO holders also earn from liquidity mining and a share of fees generated by the MoC protocol. Essentially, holding ₿PRO is like holding bitcoin, at a slight leveraged long, whilst earning passive income from your bitcoin.
BPRO Contract Address: 0x440cd83c160de5c96ddb20246815ea44c7abbca8
Money on Chain is coordinated via the governance token, conveniently named the Money on Chain token (MOC). This allows MOC holders to stake in return for voting/veto power and staking rewards, both from fees paid in the platform and liquidity mining. Users are entitled to a discount on platform fees when they pay using the MOC token.
MoC Contract Address: 0x9aC7Fe28967b30e3a4E6E03286D715B42B453d10
Lastly, the MoC protocol also includes a BTC/USD instrument named BTCx. BTCx is essentially a tokenized representation of a bitcoin leveraged long position. These tokens are minted when a user sends BTC to the smart contract and come at a variable interest rate cost (which is fixed upon contract creation). The interest payments go to ₿PRO holders.
To conclude, Money on Chain is a self-contained Bitcoin ecosystem, on RSK, which looks to provide multiple decentralized and non-custodial use cases specifically for Bitcoiners.