# 👮‍♂️Moyai This is a project we’ve been working on for some time that we’re finally ready to announce. Not only will it be a **significant boon to the value and utility aspects of TOTEM**, which we’ll elaborate on later in this article, but MUSD is exciting in its own right. It’s a brand new stablecoin model that has never been done before, taking inspiration from modern stablecoin frameworks such as Tomb and BDollar, and improving on their foundations by minimizing the element of uncertainty. MUSD is backed 1:1 by DAI which is the best stablecoin and the most decentralized. The unique feature of MUSD is that it has 0.7% of every transaction, the fees collected will be used to buy back Totem! **Is there a risk of using MUSD** Yes, all smart contracts have poised a risk and you need to DYOR before interacting with smart contracts. Our smart contracts are forked from Apeswap GNANA which is audited, \ Our Moyai minter :\ MUSD is backed by a 1:1 ratio, so it's not possible for what happened to Tomb Finance to happen with MUSD. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://totemfantom.gitbook.io/totemftm/others/moyai.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.