Acquiring ATOM

There are 3 ways to obtain the ATOM stablecoin:

1) Mint the ATOM stablecoin:

2) Borrow the ATOM stablecoin for 0% interest at AxiomLend:

3) Buy the ATOM stablecoin at AxiomSwap:

1) We have reintroduced the very straightforward stablecoin mint/redeem mechanism (0.5%/0.9% fee, respectively where accumulated fees can go to governance stakers). We will keep the stablecoin overcollateralized thus low-risk.

2) Alternatively, ATOM can borrowed on AxiomLend by various crypto-native collateral assets, and is able to exist without a central authority or administrator that may abuse its influence. Being overcollateralized, ATOM effectively removes bank-run risks resulting from price risk (such as loss of $1 peg). Overcollateralization ensures FULL redeemability, as ATOM can and will always be treated at face value of $1 when minting or redeeming.

An additional benefit of borrowing ATOM is that one can keep their exposure to the collateral provided. In other words, one doesn’t have to sell their crypto assets to obtain USDB and mint ATOM. Additionally, those collateral assets accrue interest by providing supply to AxiomLend.

Collateral Factors may change based on the needs of the protocol and governance initiatives. Always consult Key Parameters to be conscious of borrow limits and liquidation risks.

3) Lastly, you can buy the ATOM stablecoin at AxiomSwap at just 0.02% swap fee!