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Author Topic: EURXB Connecting Traditional Markets to DeFi  (Read 967 times)
EURxb (OP)
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March 05, 2021, 10:00:14 AM
Last edit: March 09, 2021, 07:52:16 PM by EURxb
 #1

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The Stablecoin
from a $40tn
market


Decentralising real-world reserves
to pay holders 7%pa base return
with a GREEN Euro stablecoin for
sustainable investments, powered
by a regulatory friendly on-ramp from
the securities market into crypto.
Watch our overview video.


*By using this system you are deemed to be aware
of our terms of service.


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Decentralised Real-World
Reserves


Protocol launch reserves are held in
Norwegian Senior Secured Green
Bonds from built-world specialist
MIRIS AS.  Tokenising the regulated
securities system from the collateral
assets upwards, means you only have
to trust the blockchain. 
Watch "Securing the EURxb".
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Earn returns
in your wallet


EURxb stablecoins appreciate at 7%pa in
your Ethereum wallet - without locking
tokens in smart contracts! The interest
comes from the returns of the protocol's
bond reserves - of which 100% is passed
onto stablecoin holders. 
See our Chain-Of-Custody Process.
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Get EURxb Now!
!


Some quick links to get started:
Uniswap EURxb:USDT Pool
Uniswap XBE:USDT Pool
For more pools and to confirm
our respective token's see the
Contract Address page.


The EURxb tokenisation process


The EURxb Security Asset ERC721 NFT represents a call against the collateral backing the protocol’s bond reserves, and
is locked into EURxb’s Bond Smart Contract that mints a linked EURxb Bond ERC721 NFT.  This token represents a bond
subscription to the ISIN Registered Security and is in turn locked into the EURxb Euro Smart Contract to generate the
EURxb stable coin - which appreciates at the bond interest rate (7% per annum).




*EURxb.finance currently only accepts the Securitised Asset ERC721 NFT
and Bond ERC721 NFT token types issued by MIRIS AS






Partner with EURxb

ISIN Securities Issuers that partner with EURxb.finance can offer their buyers a strong secondary market,
and provide them EURxb tokens when buying back their ISIN Securities, to benefit from the unrestricted
utility of the EURxb stable token.



An institutional DeFi yield program

The first EURxb institutional vault is a unique product spearheaded by the EURxb team in which it allows for
transparent and regulated access of institutional funds to the world of decentralised finance with an expectation
of only 5% APY (in addition to the passive 7% per annum yield of each EURxb token). Any surplus above the 5%
APY is distributed to the holders of the protocol’s governance token XBE.






Redeeming a Tokenised Bond at Maturity

Bond NFT Owners are able to redeem matured tokens for 100% face value through
the traditional channels or secondary markets, or elect to convert their Bond for 115%
the face value of equity in a range of ventures with EURxb’s launch partner.






Discretionary exchange of EURxb for bond reserves

DeFi holders of more than 1m EURxb have the option of processing a regulatory compliant bondholder
registration process, and on successful completion (subject to issuer and statutory requirements) can,
with the issuer’s assistance, exchange each lot of 1m EURxb for the equivalent value in EURxb reserves
held as Bond NFTs on the protocol.






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Participate in protocol

Community members can participate in the protocol
launch by providing liquidity to their preferred Balancer
(USDC, DAI) or Uniswap (BUSD, USDT) pool to earn
fees and XBE - the EURxb.finance governance token.

Holders of the XBE token govern all aspects of the
protocol, and will receive their share of Vault fees,
including the surplus yields produced from the DeFi
strategies funded by the EURxb Institutional Vault.
Get started at app.eurxb.finance.





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Equitable and Fair

Fairly launched, community owned
and managed from launch.

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Transparent and Straight Forward

No founder or investor allocations - governance 100%
distributed to community.



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Legal

Ts & Cs

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About

App
Team
FAQs

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Resources

Blog
Position Paper
Github
Audits

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Contact

Get in touch



Panjosku
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March 08, 2021, 08:05:41 PM
 #2

This project brings 7% per annum on top of the income from DeFi Vault Strategies, this is very surprising, I am interested in such projects
deconconssi
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March 08, 2021, 08:31:26 PM
 #3

I would like to start by asking, what are your plans for the end of this month? I understand that EURxb is at an early stage of implementation, but it still needs to be updated
EURxb (OP)
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March 09, 2021, 10:44:11 AM
 #4

You still have time to become a EURxb liquidity provider

Use those non-interest paying USDT, USDC, BUSD or DAI stablecoins to take part in the liquidity incentive program of the NEW euro based EURxb stablecoin!

Why participating in a EURxb liquidity provider program is a great idea? It’s really simple: liquidity providers get XBE governance tokens, which grants them the right to participate in the development of our project.

The XBE governance token has important utility — it provides a right of governance. The supply of tokens is limited. In total, only 15000 XBE will be issued and distributed among four liquidity pools: USDT, USDC, BUSD and DAI. Each one gets 3000 tokens, while the protocol treasury (controlled by governance) will be assigned the remaining 3000 tokens.

Please note that you will be required to wait until the end of the liquidity event (7 days, ending ~ Wed Mar 3rd 2021 11:00:00 GMT+0000) before withdrawing your deposited LP tokens. At the end of the liquidity event, you will be able to withdraw your liquidity AND earned XBE rewards.

EURxb stablecoin is here to change the world and now you can join us in this endeavour! https://app.eurxb.finance

EURxb (OP)
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March 09, 2021, 12:40:35 PM
 #5

Introducing EURxb

Imagine a euro stablecoin that paid you interest by leveraging regulated securities and their returns as transparent reserves. You can get a minimum of 7% APY over and above the yield from DeFi Vault Strategies, backed by ISIN Registered Financial Instruments. Want to find out how it works?

The EURxb token is a real-world implementation of bonds on the blockchain, providing tangible benefits to the issuer, buyers and holders. Bonds are usually considered as an alternative to bank deposits, and generally pays much better interest returns than cash deposits - making it more lucrative for companies to use for savings, which is not surprising. In our case, however, we use it as a transparent and reliable income-generating reserve asset, in essence you can think of the EURxb as a stablecoin collateralised by tokenised ISIN registered securities (minted in accordance with the EURxb protocol).

The EURxb.finance protocol allows tokenizing a certain standard of existing securities, allowing institutional investors to access Decentralized Finance (DeFi) and blockchain-based financial tools through securities. Each EURxb token is backed by tokenised ISIN registered securities (EBND NFT) which are themselves backed at a 4:3 ratio with real-world assets in accordance with the ISIN Secured Bond classification standard.

Thanks to the way EURxb.finance is structured, token holders receive the benefits and returns of the investments in the form of interest on the EURxb token, and can rest assured that the reserves are legally bound and pledged through the creation of bonds in the security market, ensuring the protocol’s legitimate and actionable rights to these real-world assets, just like in any other regulated financial system. The $XBE governance token of EURxb.finance is being released today. There are only 15 000 $XBE. Community run pools will follow the release of $XBE.

Learn more about EURxb.finance on our website: https://eurxb.finance/

Become a liquidity provider today: https://app.eurxb.finance

EURxb (OP)
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March 09, 2021, 03:14:42 PM
 #6

Let’s talk about stablecoins?

Stablecoins are especially popular on the cryptocurrency market, since they are backed by traditional assets (fiat money, bullion, or something else). With that said, as in the case of regular cryptocurrencies, these coins are located on the blockchain. So, does this mean they are collateralized, decentralized and transparent? Let’s find out how stablecoins are backed these days.

The most widespread option today is stablecoins that are backed by fiat money. This is the simplest recipe for making a stablecoin. Such coins are price-pegged to the fiat currency they represent, and are in some way debt obligations. Each cryptocoin becomes equal to the traditional currency (for example, the dollar.) How does it work? Some of the biggest USD stablecoins manage their reserves completely privately, other leading stablecoins choose to publicise their cash reserves to trusted verifiers who can check anytime and reassure users that the reserves are sufficient to cover the stablecoins in the market at any given moment. Either way, for these digital coins, the peg is always maintained with the help of the fiat dollar.

Apart from traditional coins, you can also find decentralised stablecoins (algorithmic or synthetic coins). The price on these coins can also be pegged to the US dollar, but they are backed by a basket of other cryptocurrencies that are added to smart contract vaults each time new coins are minted. This mechanism is automatic thanks to smart contracts. Algorithms maintain the price of decentralised stablecoins, in a decentralized fashion, with zero human input. Some stablecoins can bring profits for using their holders’ deposits in a DeFi investment portfolio as the reserve. In that case token holders can always check the safety of their reserves through the blockchain. However, what if we bring that decentralised reserve management over to the stablecoins that use real-world reserves? That is exactly what the EURxb stablecoin does.

EURxb token is a stablecoin that is pegged to the euro, completely transparent, and capable of yielding 7% APY profits by simply holding it in your wallet. We have already talked that EURxb is collateralized by tokenised ISIN registered securities (minted in accordance with the EURxb protocol). With that said, when compared with USDC, all the issued coins are backed at a ratio of 4:3, not 1:1. The reserves have also been proven — they are legally bound and pledged through the creation of bonds in the security market, ensuring the protocol’s legitimate and actionable rights to these real-world assets, just like in any other regulated financial system. This guarantees that the token won’t lose its value, and its holders can utilize it like any other currency to yield them profits!

EURxb is a next-generation stablecoin, 100% in line with decentralization principles. Every transaction is trackable, and the currency is ready to be used to bring you profits!

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March 09, 2021, 04:11:33 PM
 #7

I know I probably should have entered one of these stablecoin defi things a long time ago but I just never really understood how it can afford to pay people such high yields every year,,, surely some of it must come down at some point right? I mean, is it not crazy to think other people would borrow the money and pay back such high interest or is this really all viable?

.
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.....I AM BLACKJACK.FUN.....
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March 10, 2021, 06:52:54 AM
 #8


I see that this project is in many social networks, as well as on YouTube, and there is already a video there, this is good, develop your social networks, this is also one of the important things for the development of the project, it allows you to learn more about the project

I also think so, they should spend a lot of time on YouTube, often from there they learn about new cool projects, it will not bring bad things
Money_coinplus1
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March 10, 2021, 07:22:37 AM
 #9


I would like to start by asking, what are your plans for the end of this month? I understand that EURxb is at an early stage of implementation, but it still needs to be updated

The website seems to have written their future steps, check there: https://eurxb.finance/
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March 10, 2021, 07:51:51 AM
 #10

Hello guys, what benefits will the project bring to you, society and investors?
EURxb (OP)
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March 10, 2021, 10:17:26 AM
 #11

EURxb in 160 seconds!

Want to learn more about our project and how you can earn interest just holding a stable coin with the new euro based EURxb stablecoin? We’ll tell you all about it! Spend just a couple of minutes of your time on our quick rundown!

https://www.youtube.com/watch?v=8dV-Gi8Lqm0
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March 10, 2021, 10:21:42 AM
 #12

I wanted you guys to focus on development - maybe a cryptocurrency partnership with some blockchain project.
of course we are considering the option of cooperation
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March 10, 2021, 08:19:19 PM
 #13


EURxb in 160 seconds!

Want to learn more about our project and how you can earn interest just holding a stable coin with the new euro based EURxb stablecoin? We’ll tell you all about it! Spend just a couple of minutes of your time on our quick rundown!

https://www.youtube.com/watch?v=8dV-Gi8Lqm0

I thank the team for giving us the opportunity to get to know this project better!
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March 10, 2021, 08:44:34 PM
 #14

Have a nice day guys! Do you have any farming options for the community?
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March 10, 2021, 09:10:40 PM
 #15

Can I start thinking about a listing for this project?
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March 11, 2021, 05:27:49 PM
 #16

I know I probably should have entered one of these stablecoin defi things a long time ago but I just never really understood how it can afford to pay people such high yields every year,,, surely some of it must come down at some point right? I mean, is it not crazy to think other people would borrow the money and pay back such high interest or is this really all viable?
The returns aren't based on what lenders are willing to pay in interest rates.  That is a very small part - DeFi right now is fuelled by the incentive programs for liquidity providers - meaning projects share their own token with investors who put liqudiity into their project.  Then the project's own token becomes more valuable, and when the liqiudity providers that earned those tokens sell them they make a much greater profit.  APY's over 10% per year are 100% based on the value of the value of those extra reward tokens for example.

Then there are much more complex things that can be done to amplify profits like leveraged based arbitrage trading where the platform loans 100x more than the value of your deposited coins and uses this massive amount of value to make 0.2 and 0.3% profit balancing stablecoins (when DAI is 0.98c you buy DAI, when it becomes 1.01USD you sell it, etc) and because it is done with 100x your capital it makes 20% and 30% profit.
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March 11, 2021, 09:31:56 PM
 #17

EURxb in 160 seconds!

Want to learn more about our project and how you can earn interest just holding a stable coin with the new euro based EURxb stablecoin? We’ll tell you all about it! Spend just a couple of minutes of your time on our quick rundown!

https://www.youtube.com/watch?v=8dV-Gi8Lqm0


How do we know that you have actual assets tied to this euro-based EURxb stablecoin? Remember, last 2019, USDT admitted they were not fully backed by USD assets. Now, what is the assurance that you are backed by EURO assets? Is there some third party auditor that can attest the existence of your assets?
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March 11, 2021, 09:50:35 PM
 #18


I see that this project started its promotion from social networks, which is a good step, I saw your videos on YouTube, and an active chat in the telegram, now you can start cooperation, imo.

Of course, they will cooperate, but this is a new project, so you shouldn't rush with it, they must have already foreseen it
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March 11, 2021, 10:39:02 PM
 #19

Hello everyone, I see that an interesting conversation has already begun here, I would also like to know something, what is the difference between institutional and retail EURxb vaults?
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March 12, 2021, 02:57:47 PM
 #20

Institutions Set Their Eyes On DeFi

🔸 According to a recent poll carried out by Fidelity Asset Management, 80% of businesses believe investing in digital assets is an attractive option. This is impressive because just a couple of years ago most businesses viewed cryptocurrencies as fraud!

🔸 Nowadays a lot of companies are looking into the DeFi market, and yet they are held back by lack of clear regulation in the decentralized space. Nonetheless, institutional investors are very important for the cryptocurrency and DeFi markets. They help them mature, making them more efficient. For example, when a coin is undervalued, they use the opportunity and bring the price up to more fair levels, or push it down when the coin is overvalued. In some sense, this is a win-win for everybody.

🔸 Institutional investors are seasoned players with vast experience on the financial market. They masterfully protect their downside while maximizing gains. The effect this has on the market is positive in that volatility is reduced, and liquidity is increased. With that said, institutions are still looking for the most frictionless and reliable ways of entering cryptocurrency and DeFi. EURxrb grants exactly that opportunity, allowing users to maintain profitability and protect from downside risks.

🔸 EURxb token is a stablecoin that is pegged to the euro, completely transparent, and capable of yielding 7% APY profits by simply holding it in your wallet. Token is collateralized by tokenised ISIN registered securities (minted in accordance with the EURxb protocol), the reserves have also been proven — they are legally bound and pledged through the creation of bonds in the security market, ensuring the protocol’s legitimate and actionable rights to these real-world assets, just like in any other regulated financial system.

🔸 This way EURxrb combines the advantages of traditional finance with digital assets, spurring the DeFi market development.

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