Friends and fellow Kolibri enthusiasts, today is a great day! We’ve completed our testing and verification of the Kolibri DAO taking control of the protocol, and done every bit of testing and verification we can possibly think of to do to ensure that the Kolibri DAO can safely control the…

Thank you all for your patience as we’ve been working to roll out the Kolibri DAO & Governance process. Today, we’d like to communicate the specifics of the Kolibri Governance Platform, governance token (kDAO), as well as outline the final steps towards a mainnet release. …

Kolibri is an algorithmic stablecoin based on Tezos that was launched earlier this year. It has quickly become one of the most popular DeFi projects on Tezos, with over $10M in TVL locked in the protocol and $1M+ worth of kUSD backed by that TVL. When Hover Labs launched the…

By Hover Labs In February, Hover Labs launched Kolibri, an algorithmic stablecoin protocol on Tezos. Since launch, we’ve seen incredible interest in the project. At current time, over 728 CDPs have been opened and over 1.4M XTZ (~9M USD) of value is locked in the protocol backing 1.2M kUSD. We’ve…

By Hover Labs Kolibri, the algorithmic stablecoin pegged to the US dollar we’ve been working on for the past few months, is now live on Tezos mainnet! …

Today, Hover Labs is debuting Kolibri.js, a JavaScript SDK for working with kUSD and the Kolibri protocol. Kolibri.js is a wrapper for all aspects of the Kolibri protocol, including working with core contracts, ovens, and Harbinger Oracles. …

By Keefer Taylor, Luke Youngblood and Ryan Sears Just over a two weeks ago we announced Kolibri, a new algorithmic stable coin for Tezos. Since our testnet launch, we’ve seen over 140 ovens created and over 700,000 (testnet) XTZ locked in them, backing nearly 250K of kUSD. …

By Keefer Taylor, Luke Youngblood and Ryan Sears In late 2020, we set out to build Kolibri, a set of smart contracts on Tezos which can be used to issue kUSD, a trustless, algorithmic stablecoin that is collateralized by XTZ and soft pegged to the US Dollar. Today, we’re excited…