Materia has two types of core smart contracts- Factory and Pair. These two contracts manage liquidity pools.
All liquidity pools are between WUSD and a single ITEMs.
Users can interchange any ITEM by routing through WUSD. Since WUSD is currently the most resilient and secure stablecoin in the industry, we deemed it the best choice for Materia.
WUSD liberates holders from censorship or centralized manipulation by states and stablecoin issuers and resolves all risks that come with trusting the big stablecoin organizations, like MakerDAO, Coinbase, etc.