# First SNS in 2026: Crosschain Stablecoin Infrastructure with DoxaUSD; built with 💝 on ICP

**URL:** <https://forum.dfinity.org/t/first-sns-in-2026-crosschain-stablecoin-infrastructure-with-doxausd-built-with-on-icp/74876>\
**Category:** SNS Framework\
**Tags:** sns\
**Created:** [August 1, 2026, 2:23pm UTC](https://forum.dfinity.org/t/first-sns-in-2026-crosschain-stablecoin-infrastructure-with-doxausd-built-with-on-icp/74876 "2026-08-01T14:23:10Z")\
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**Author:** ![kizzafredrichkibalam](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.dfinity.org/kizzafredrichkibalam/32/37312_2.png) [@kizzafredrichkibalam](https://forum.dfinity.org/u/kizzafredrichkibalam)\
**Post date:** [August 1, 2026, 2:23pm UTC](https://forum.dfinity.org/t/first-sns-in-2026-crosschain-stablecoin-infrastructure-with-doxausd-built-with-on-icp/74876/1 "2026-08-01T14:23:11Z")

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## 📢 Introduction

Dear ICP Family,

We are thrilled to announce the official upcoming launch of the **DOXA Service Nervous System (SNS)** on the Internet Computer (ICP)!

DOXA is a decentralized multi-stablecoin protocol built natively on ICP, designed to bridge crypto-native utility with global financial inclusion. At its core, the protocol introduces **DOXAUSD (USDD)** a USD-pegged stablecoin backed 1:1 by ckUSDC with real-time on-chain transparency alongside, **Bitcoin Tbill** , A Tokenized U.S. Treasury Bills accessible with ckBTC and **DPay** for merchant adoption and a sustainable and lastly a non-inflationary yield model.

Transitioning DOXA to an **SNS DAO** marks a major milestone toward absolute decentralization, putting sovereign control of the protocol entirely into the hands of the community.

## 🏆 Key Achievements & Milestones

- **Bizthon Award 2025** : Won the prestigious Bizthon award 2025.

- **DFINITY Grants** : Awarded 2 official DFINITY grants to support protocol development.

- **Perplexity Fellowship Startup** : Selected as among top participant in the Perplexity AI Fellowship startup program.

- **INSEAD AI Lab Incubation** : Incubated by the INSEAD AI Lab.

- **Open Source Commitment** : Open-sourced DOXA under the Doxa Community Source License (DCOS).

## **Tokenomics & Genesis Supply Overview**

The DOXA token features a hard-capped, non-inflationary economic model inspired by Bitcoin, capital-efficient DAOs, and sustainable protocol reserves.

- **Token Name:** DOXA

- **Symbol:** DOXA

- **Initial Total Supply (Genesis):** 10,000,000 DOXA

- **Decimals:** 8

- **Ledger Transaction Fee:** 0.1 DOXA (10,000,000 e8s)

- **Proposal Rejection Fee:** 2,000 DOXA

#### Initial Token Distribution

- **Treasury Reserve (DAO-controlled):** 94% (9,400,000 DOXA)

- **Decentralization Sale:** 3% (300,000 DOXA)

- **Team:** 1.2% (120,000 DOXA: 4-year vesting with a 12-month cliff)

- **Foundation:** 1.2% (120,000 DOXA: 6-month cliff, linear unlock over 2 years)

- **Early Contributors:** 0.6% (60,000 DOXA: structured across 3 tranches over 12 months)

🛒 **Decentralization Sale Parameters**

The upcoming decentralization swap allows the community to acquire DOXA tokens and help decentralize the protocol’s core canisters.

- **Minimum Participants:** 10

- **Minimum Direct Participation:** 100 ICP

- **Maximum Direct Participation:** 1,000,000 ICP

- **Minimum Contribution per Participant:** 25 ICP

- **Maximum Contribution per Participant:** 20,000 ICP

- **Swap Duration:** 21 days

- **Participant Vesting:** 6 tranches over 20 months (1 tranche every 4 months)

- **Neurons Fund Participation:** No

## 🏛 Treasury Deployment & Protocol Commitments

The DAO treasury serves as the primary engine for long-term value accrual. The ICP raised during the decentralization swap will be deployed strategically:

- **70% of raised ICP** will be locked in an 8-year NNS neuron controlled by the DAO, with some of the staking rewards dedicated to funding **DoxaUSD (DUSD) staker yields**.

- **29% of raised ICP** will be reserved for ongoing Developments, DAO operations, and treasury management.

- 1% will be commited to helping the most vulnerable and needy.

## 🔗 Connect & Learn More

Dive deeper into the architecture, technical specs, and vision behind the protocol through our official channels:

- **Website** : [DoxaDAO](https://doxadao.org/)

- **Config File:** [Yaml](https://github.com/DoxaFoundation/DoxaUSD_SNS)

- **Repo:** [https://github.com/DoxaFoundation/doxa-v3](https://github.com/DoxaFoundation/doxa-v3)

- **OpenChat** : [DoxaonOpenChat](https://oc.app/community/4opco-piaaa-aaaaf-bmytq-cai/channel/939289107/?ref=so23g-yyaaa-aaaaf-ar6rq-cai)

- **X (Twitter)**: [@doxausd](https://forum.dfinity.org/=https://x.com/doxausd)

- **Forum:** @DoxaFoundation

- **LinkedIn:** [https://www.linkedin.com/company/doxausd/](https://www.linkedin.com/company/doxausd/)

> ~ **By**  **Doxa Foundation** (Regno.80034581427978)

_Join us as we build open, transparent, and inclusive Stablecoin public infrastructure on the Internet Computer!_

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_[View the full topic](https://forum.dfinity.org/t/first-sns-in-2026-crosschain-stablecoin-infrastructure-with-doxausd-built-with-on-icp/74876)._
