Choco Finance

Choco Finance is Theta Network's first decentralized reserve currency protocol. Operating on the BARS token, each token is backed by an array of assets (e.g. USDC, TFUEL) in the Choco treasury, giving it an intrinsic value that it cannot fall below. Choco also brings economic and game-theoretic dynamics into the Theta ecosystem through molding (staking) and melting (bonding/minting).