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These EOSDT tokens generated are backed by the EOS deposit, that can be withdrawn by the user at any time by paying the equivalent amount of EOSDT.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 Telegram: https://t.me/equilibrium_eosdt_official
