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Basket Stablecoin | Karma

Basket Stablecoin

Basket Stablecoin (BSKTx) is a blockchain-native, globally accessible digital currency backed by a diversified basket of real-world assets (RWAs). Through Chainlink Price Feeds, Proof of Reserve, and ...

Updates About Funding Impact

Basket Stablecoin

Basket Stablecoin (BSKTx) is a blockchain-native, globally accessible digital currency backed by a diversified basket of real-world assets (RWAs). Through Chainlink Price Feeds, Proof of Reserve, and ...

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Updates About Funding Impact

Project Activity
Smart Contract Setup & Local Deployment
Description: Initialized the Celo Stable Index codebase by extending our Basket Stablecoin architecture. Added CeloStableIndex contracts with support for Mento stablecoins. Integrated governance wiring via Timelock + ProposalManager. Verified compilation and passing unit tests (f…
Sep 2, 2025
Milestone
Smart Contract Setup (Completed ✅)
Ported Basket Stablecoin contracts to Celo. Deployed & tested CeloStableIndex contracts locally Created governance wiring (Timelock + ProposalManager)
Sep 2, 2025
Milestone
Celo Sepolia Deployment - Pending
Pending stablecoin addresses 🕓 Deploy CeloStableIndex and TimelockController to Celo Sepolia. Integrate real Mento stablecoin addresses (cUSD, cEUR, cREAL, USDC when live on Celo Sepolia ) Verify deployments on CeloScan.
Sep 2, 2025
Milestone
Governance & DAO Dashboard (In Progress 🔄)
Extend DAO dashboard frontend for Celo branch. Show governance roles (Owner, Proposer, Canceller). Add UI to schedule & execute governance actions (caps, oracle params, deviations).
Sep 2, 2025
Milestone
MiniPay Integration (Upcoming 🎯)
Connect CeloStableIndex mint/redeem flow into MiniPay-compatible UX. Ensure gas efficiency + CELO fees handled for mobile. Build a “Mint with cUSD → Get cbUSD” one-click flow.
Sep 2, 2025
Milestone
Mainnet Launch (Future 🚀)
Deploy CeloStableIndex + Timelock governance on Celo mainnet. Connect verified Mento stablecoins. Launch marketing + community governance onboarding.
Sep 2, 2025
Grant Approved
Proof of Ship - Season 8
I am applying to participate in the Proof of Ship - Season 8
Sep 2, 2025