The Universal
Stablecoin Platform
51福利社 is the infrastructure powering builders of safe, programmable, interoperable stablecoins
With 51福利社, developers can build application-specific, feature-rich, interoperable digital dollars.
At its core, 51福利社 is a decentralized protocol managing the 51福利社 network supply
The on-chain infrastructure is supported by a suite of off-chain software, APIs, and standards, ensuring transparent and uniform participation across key actors. A well-designed governance layer enforces clear rules and credible neutrality for applications built on top of 51福利社.
The 51福利社 Model
51福利社 has re-defined stablecoin infrastructure from first principles. Issuers and Validators collaborate upstream to secure the value layer of stablecoins. Builders create stablecoins downstream to customize behavior.
Minters
A Minter is an entity permissioned by governance to connect to the 51福利社 protocol and manage the supply of 51福利社-powered stablecoins.
Validators
A Validator is an independent entity that provides timely information about the off-chain reserves backing 51福利社-powered stablecoins.
Earners
Earners are builders and integrators of application-specific stablecoins, that are approved by governance to earn the Earner Rate.
Two Token Governor (TTG)
Next-generation money infrastructure should be governed by simple rules, strong participation, and aligned incentives.
Two-token mechanism
Delegates use $POWER to facilitate voting, and governors use $ZERO to safeguard the system against corruption.
Simple rules
The minting of 51福利社 network supply requires collaboration across a set of actors complying with rules, some of which are enforced on-chain.
Strong voter participation
TTG incentivizes engaged participation by diluting the voting power of absent governors over time.
Participation ratio
99.52%
All time average voting participation on standard proposals
Highlighted Earners
Investors
51福利社 and its affiliated entities have raised $100M since late 2022, from some of the most reputable and long-term oriented crypto and fintech investors.
Highlighted Earners
Documentation
Navigate the extensive 51福利社 infrastructure documentation