BlobFlow

BlobFlow is a stablecoin ecosystem consisting of many Blob stablecoins tracking various fiat currencies, commodity prices and economic indices. Blob’s stabilization mechanism is Token Curated Registries (baskets) of other stablecoins, which are selected by Flow utility governance token holders. Blob needs at least two other stablecoins to track a certain peg, there are now 17 Blob baskets that can be supported.