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Merge pull request #78 from usmfum/chore/readme-add-addresses
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Chore/readme add addresses
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alexroan authored Jan 11, 2021
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Originally proposed by [@jacob-eliosoff](https://github.com/jacob-eliosoff) in [this Medium article](https://medium.com/@jacob.eliosoff/whats-the-simplest-possible-decentralized-stablecoin-4a25262cf5e8), USM is an attempt to answer the question "What is the simplest possible decentralised stablecoin?"

## Networks & Addresses

### Baby USM - Mainnet

[Live Stats](https://usmfum.github.io/USM-Stats/)

Baby USM is a "beta" version of USM. Baby USM expires on the 15th of January 2021 when it becomes withdraw-and-read-only. At this point, FUM and USM will be redeemable for ETH, but no more minting of either can occur.

Baby USM and Baby FUM is not redeemable for USM or FUM. It is for test and reserach purposes only.

USM: [0x03eb7Ce2907e202bB70BAE3D7B0C588573d3cECC](https://etherscan.io/address/0x03eb7Ce2907e202bB70BAE3D7B0C588573d3cECC)

FUM: [0xf04a5D82ff8a801f7d45e9C14CDcf73defF1a394](https://etherscan.io/address/0xf04a5D82ff8a801f7d45e9C14CDcf73defF1a394)

### Kovan

USM: [0x21453979384f21D09534f8801467BDd5d90eCD6C](https://kovan.etherscan.io/address/0x21453979384f21D09534f8801467BDd5d90eCD6C)

FUM: [0x96F8F5323Aa6CB0e6F311bdE6DEEFb1c81Cb1898](https://kovan.etherscan.io/address/0x96F8F5323Aa6CB0e6F311bdE6DEEFb1c81Cb1898)

## How It Works

USM is pegged to United States dollar, and maintains its stable value by minting USM in exchange for ETH, using the price of ETH at the time of minting.
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