# D-ONE ($DONE) Token

$DONE is an over-collateralized stablecoin designed to maintain a stable value, softly pegged to the USD. $DONE can be used in various DeFi applications while keeping your collateral secure.

<table data-header-hidden><thead><tr><th width="187"></th><th></th></tr></thead><tbody><tr><td><strong>Ticker</strong></td><td>DONE</td></tr><tr><td><strong>Type</strong></td><td>Stablecoin</td></tr><tr><td><strong>Total Supply</strong></td><td>Dynamic, based on collateral</td></tr><tr><td><strong>Peg</strong></td><td>Soft-pegged to USD</td></tr><tr><td><strong>Collateralization</strong></td><td>Minimum 125%</td></tr></tbody></table>

🔎 **Purpose**\
DONE serves as a medium of exchange within the TON Ecosystem, operating alongside assets like TON and USDT. It is designed to power DeFi activities such as trading, lending, and borrowing, seamlessly integrating into the broader TON financial landscape.

💰 **Minting**\
Users can mint DONE by depositing collateral—such as TON, tsTON, stTON,  jBTC and jETH—into Collateralized Debt Positions (CDPs). This process allows users to unlock the value of their assets while participating in the DeFi ecosystem.

🔥 **Burning**\
To retrieve their collateral, users must repay the borrowed DONE. When DONE is returned, it is immediately burned to help maintain its soft peg to USD, ensuring stability within the ecosystem.

⛔️ **Liquidation**\
If a position becomes under-collateralized and is not covered in time, it is subject to liquidation. In this case, other users can cover the debt and claim the collateral, helping to keep the system balanced and secure.