Summary

BiLira and DFX partnership began in September 2021. Initially, BiLira’s pool was established on the Ethereum network, and then expanded to Polygon network, making TRYB on DFX more accessible to retail users. With the recent launch of Arbitrum One on DFX, TRYB was bridged to the network as well. Our goal is to expand the reach of TRYB to a wider user base on both Arbitrum One and DFX. We anticipate a mutually beneficial journey as we explore possibilities presented by Arbitrum One. With this development, we hope to unlock new opportunities for both BiLira and DFX, as well as provide enhanced benefits to our users on these platforms.

Overview

TRYB, the first fiat backed stable coin pegged 1:1 to the Turkish Lira, was developed in April 2019 to ensure financial inclusion for all and to connect everyone with decentralized financial products.

TRYB Website: https://www.bilira.co/

TRYB Contract (Arbitrum): 0x00705AE3722041a5bB566232b439dE69CA585Ddf

Discussion: https://forum.dfx.finance/t/proposal-to-add-tryb-usdc-pool-on-arbitrum-one/504

References/Useful Links

Website
Issuance & Redemption 2