Do you want to know more about Money On Chain? Here are some of the most common questions about the protocol, its assets, and how it works.
Money On Chain is a Bitcoin-native DeFi protocol built on Rootstock that allows users to mint and redeem Bitcoin-backed assets through smart contracts.
The protocol is designed to provide different financial tools for different types of Bitcoin users while remaining aligned with the principles of decentralization, transparency, and self-custody.
Money On Chain is built around three core principles: decentralization, censorship resistance, and the elimination of counterparty risk.
Users interact directly with smart contracts rather than relying on centralized issuers or custodians.
Yes. The protocol smart contracts and related repositories are publicly available and can be reviewed by anyone.
A stablecoin is a type of digital asset designed to maintain a stable value relative to another asset, most commonly a fiat currency such as the US Dollar.
A Bitcoin-collateralized stablecoin uses Bitcoin as backing instead of fiat reserves held by a company.
DOC is backed by Bitcoin collateral and operates through smart contracts, allowing users to access a dollar-tracking asset while remaining within the Bitcoin ecosystem.
Money On Chain currently includes three tokens:
The protocol uses rBTC as collateral.
Users can deposit rBTC to mint DOC or BPRO and later redeem those assets back into rBTC according to the protocol rules.
DOC is designed to maintain a value close to one US Dollar, while BPRO absorbs part of the volatility associated with maintaining the system.
The protocol uses smart contracts, collateralization mechanisms, and economic incentives designed to support DOC’s target value relative to the US Dollar.
DOC can be minted and redeemed through the protocol according to predefined rules.
DOC is a Bitcoin-backed stablecoin designed to track the value of the US Dollar while remaining within the Bitcoin ecosystem.
It allows users to reduce exposure to Bitcoin price volatility without leaving a Bitcoin-backed environment.
BPRO is a token designed for users seeking Bitcoin exposure within the protocol.
By participating in the system’s economic model, BPRO holders absorb part of the volatility associated with maintaining DOC and may benefit from protocol-generated rewards.
BPRO is designed for users who want to participate more actively in the protocol’s economic model while maintaining exposure to Bitcoin.
Its behavior differs from simply holding Bitcoin and is tied to the operation of the protocol itself.
MOC is the governance token of the protocol.
MOC holders can participate in governance voting, stake tokens to earn staking rewards, and run OMOC nodes to contribute to protocol governance.
MOC holders can participate in governance, stake their tokens, and contribute to protocol decision-making through the governance system.
The total supply of MOC is capped at 210 million tokens.
Protocol operations require transaction fees and protocol fees.
The applicable fees are displayed in the dApp before confirming an operation.
Money On Chain does not charge additional protocol fees for token transfers. However, blockchain network transaction fees still apply.
Money On Chain supports common Rootstock-compatible wallets, including browser wallets, mobile wallets, and hardware wallet integrations.
Yes. Hardware wallets can be used through compatible wallet integrations supported by the dApp.
Money On Chain operates on Rootstock, a Bitcoin sidechain designed to support smart contracts while remaining connected to the Bitcoin ecosystem.
Money On Chain is built on Rootstock.
Rootstock is a Bitcoin sidechain that enables smart contracts and uses rBTC as its native asset.
rBTC is the native asset of Rootstock and is pegged 1:1 with Bitcoin.
It is used as collateral throughout the Money On Chain protocol and is required to mint and redeem protocol assets.
Rootstock operates as a Bitcoin sidechain and uses rBTC, which is designed to maintain a one-to-one relationship with Bitcoin.
This allows Bitcoin-backed collateral to be used within a smart contract environment.
rBTC can be acquired through exchanges, bridges, and services that support the Rootstock ecosystem.
Rootstock is secured through a combination of Bitcoin infrastructure and merge mining.
It is designed to provide smart contract functionality while remaining closely connected to the Bitcoin network.
Additional information can be found on the official Rootstock website and documentation.
Yes. The Money On Chain whitepaper is publicly available and provides a detailed explanation of the protocol’s design and mechanisms.
The protocol operates on-chain, allowing anyone to verify collateralization and system status through publicly available blockchain data.
Under certain protocol conditions, minting or redeeming operations may be subject to limitations defined by the protocol rules.
The protocol architecture is designed to support the creation of different Bitcoin-backed assets and may evolve over time through governance decisions.
Users should comply with the regulations applicable in their jurisdiction. The protocol itself operates through smart contracts on a public blockchain.
The total supply of MOC is permanently capped at 210,000,000 tokens.
