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Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: AdarWeinreb on May 17, 2019, 02:07:09 PM



Title: [ANN] Equilibrium: EOS-collateralized stablecoin, EOSDT.
Post by: AdarWeinreb on May 17, 2019, 02:07:09 PM
We are excited to announce the launch of Equilbrium!

Equilibrium is a feature-rich framework of smart contracts that generate the EOSDT stablecoin. EOSDT is the world’s first decentralized stablecoin on the EOS blockchain, pegged to the U.S. dollar and backed by a user’s own crypto holdings.

EOSDT already offers a variety of applications, such as:
 - Hedging against market turmoil
 - Providing fiat-like quotes for currency pairs ON DEX
 - Making online payments with merchants

Equilibrium works through collaterals, anyone can leverage EOS tokens to generate EOSDT stablecoins using a self-service gateway.

These EOSDT tokens generated are backed by the EOS deposit, that can be withdrawn by the user at any time by paying the equivalent amount of EOSDT. The EOS price is constantly valued by an external price feed, the system then monitors the ratio of the collateral to the total EOSDT supply, to always ensure the minimum threshold.

We welcome you to join our growing community!


Website: EOSDT.com  (http://EOSDT.com)
Telegram: https://t.me/equilibrium_eosdt_official (https://t.me/equilibrium_eosdt_official)

https://eosdt.com/img/equilibrium-eosdt.png



Title: Re: [ANN] Equilibrium: EOS-collateralized stablecoin, EOSDT.
Post by: CjMapope on May 17, 2019, 02:30:27 PM
An EoS stablecoin, nice, now ive seen it all
there's a ton of info @ https://eosdt.com/specification
so im just trying to take it all in right now
lord knows EoS itself is complicated enough :O
wait, your locking it to USD? not EoS
how da fug... maybe once i read ill understand haha


Title: Re: [ANN] Equilibrium: EOS-collateralized stablecoin, EOSDT.
Post by: AdarWeinreb on May 20, 2019, 07:18:47 AM
Please let me know if you have any questions :)


Title: Re: [ANN] Equilibrium: EOS-collateralized stablecoin, EOSDT.
Post by: Psynthax on May 20, 2019, 02:01:35 PM
Just curious about what makes you called that as stable coin when the coin that is used as collateral is not even stable? USD is having stable value to backed a coin and create a stable coin and i say yesssss but used EOS as collateral to generate EOSDT as a stable token of EOS network and does it stable? I doubt about that.


Title: Re: [ANN] Equilibrium: EOS-collateralized stablecoin, EOSDT.
Post by: coinary on January 03, 2020, 05:18:19 AM
I would like to know more services accepting EOSDT in EOS or centralized services. EOS needs this type of stablecoin.

We have some info about EOSDT (https://stablecoins.live/eosdt/summary) however it's not enough.


Title: Re: [ANN] Equilibrium: EOS-collateralized stablecoin, EOSDT.
Post by: redborneo on April 23, 2020, 02:20:38 PM
https://pbs.twimg.com/media/EWORMoVX0AAVZHD?format=jpg&name=medium

https://twitter.com/EOSDT/status/1253004947576291329

Get your questions ready for our next #AMAHeat session on Wednesday, April 29, 3:30 PM EST, when Kyle Ellicott will host AVA Labs Founder and CEO Emin Gun Sirer.

Don't forget that the best question gets a $100 $EOSDT bounty, so drop yours via the form below.
https://forms.gle/EabAZGeC4S7deSyu7