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If this is a stablecoin and pegged to Bitcoin, how many bitcoins will you be holding in collateral and at what rate will the coins be exchangeable for Bitcoin? Where will you keep the bitcoins and who will be controlling it? Where will the bitcoins collateral come from?
Great question but I don't think the team will answer this important question. Actually, it is very easy to answer if they do have that amount of bitcoin as collateral. By the way, USDT project admitted before they don't have that amount of dollars as what it should have been. So it is only a matter of time when will they give the true statement regarding their assets.
Hi, sorry, the team had been super busy with launch on Mainnet. The DOC is a Stablecoin that is not pegged to bitcoin, it is pegged to the USD price. The smartcontract exchanges the DOC for the amount of RBTC at current rate (1 DOC= 1 USD). The SmartBitcoins (RBTC) are in a SmartContract. The control of the Smart Contract will be held by MOC token holders (that is something we are still building). The bitcoins in the collateral come from Bitcoin holders that want to earn a passive income and get a free leverage (buying BPRO for that).
Regarding the collateral info, you can review all metrics in the platform, and also look for the info in https://explorer.rsk.co/
There is a group in telegram you can join also for more info: https://t.me/MoneyOnChainCommunity
