📄️ Introduction
The Dera protocol reimagines digital assets by introducing yield-generating ERC-20 tokens that combine liquidity, passive income, and secure smart contract infrastructure. In today's DeFi and financial landscape, traditional stablecoins (like USDT, USDC) are static---they serve as a medium of exchange and store of value but fail to generate yield for holders. Dera solves this inefficiency by enabling users to remain in full custody of their assets while earning yield automatically through protocol-defined strategies.
📄️ Minting and Burning Logic
The $DERA contract enforces a tightly bound mint/burn gateway governed exclusively by the DeraEngine contract.
📄️ Contract Flow
This section covers how Dera calculates token value, manages liquidity, and allocates interest through its on-chain infrastructure. The logic is designed to offer transparent, predictable, and auditable financial behavior, fully aligned with MiCA's expectations on verifiability and investor protection.
📄️ User flow
Here's a visual breakdown for rendering the flow diagram:
📄️ Security and Conclusion
Safety/security: