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Author Topic: [ANN] Federal - First Algorithmic Stable Coin Infrastructure for Defi Lending  (Read 706 times)
Iminingpro
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June 05, 2021, 07:58:47 PM
 #21


I checked their twitter here -  https://twitter.com/FDRL_Money. It is necessary to develop social networks more active to attact attention of more users to the stable coin.

Social networks plays an important role in the develoment of the project. There are a lot of follows of the Federal in twitter but they must know how project will develop and about the plan of Federal  for future.

How do you plan to promote the token? What is your development plan? Do you have a roadmap?

I checked their site. Here is information about is roadmap, here is a link to it https://bitcointalk.org/index.php?topic=5340364.msg57135458#msg57135458

Here is a wright link to roadmap https://federal.money/company.html#Roadmap It is published on the official site of the project and everybody can check it.
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Lunafox
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June 06, 2021, 10:37:45 AM
 #22


Here is a wright link to roadmap https://federal.money/company.html#Roadmap It is published on the official site of the project and everybody can check it.

I checked their roadmap. It is not a roadmap. It informs what have alredy been done but not shows the plans of the project for future development.
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June 06, 2021, 08:23:22 PM
 #23


Here is a wright link to roadmap https://federal.money/company.html#Roadmap It is published on the official site of the project and everybody can check it.

I checked their roadmap. It is not a roadmap. It informs what have alredy been done but not shows the plans of the project for future development.

It is better to check the news in social links to know more about project development. Here is their twitter https://twitter.com/FDRL_Money
Bertyda
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June 07, 2021, 03:08:15 PM
 #24


Here is a wright link to roadmap https://federal.money/company.html#Roadmap It is published on the official site of the project and everybody can check it.

I checked their roadmap. It is not a roadmap. It informs what have alredy been done but not shows the plans of the project for future development.

It is better to check the news in social links to know more about project development. Here is their twitter https://twitter.com/FDRL_Money

I checked their social links and there are no news. It is necessary to fill the social networks to attract attention to the project.
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June 07, 2021, 03:21:26 PM
 #25


The most popular stablecoin is Tether and it is very difficult to compite with it. But traders must be sure that stablecoin is backed buy real assets.

Now appear a lot of different stablecoins and many of them are in demand because stablecoins are actively used in DeFi and in DEX.

And this one is not backed by fiat like USDT, but it is algo-based stable coin. You can read more on this article to understand better about this kind of stablecoin , which is also known as seigniorage-backed stablecoin. Honestly, I haven't encountered a successful project based on algo-stablecoin. But they are not the first to introduce this type of stable coin in the forum.  You can check one here - https://bitcointalk.org/index.php?topic=5283530.0. It is also a defi system.

https://coinmarketcap.com/alexandria/article/how-stable-are-algorithmic-stablecoins-flipside-crypto
Iminingpro
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June 07, 2021, 08:28:10 PM
 #26


The most popular stablecoin is Tether and it is very difficult to compite with it. But traders must be sure that stablecoin is backed buy real assets.

Now appear a lot of different stablecoins and many of them are in demand because stablecoins are actively used in DeFi and in DEX.

And this one is not backed by fiat like USDT, but it is algo-based stable coin. You can read more on this article to understand better about this kind of stablecoin , which is also known as seigniorage-backed stablecoin. Honestly, I haven't encountered a successful project based on algo-stablecoin. But they are not the first to introduce this type of stable coin in the forum.  You can check one here - https://bitcointalk.org/index.php?topic=5283530.0. It is also a defi system.

https://coinmarketcap.com/alexandria/article/how-stable-are-algorithmic-stablecoins-flipside-crypto

To be backed by fiat it is necessary to have fiat as a collateral that it will be trust to the project. A lot of depends from development of the project and its liquidity.
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June 07, 2021, 08:49:38 PM
 #27

Let us see if this project will be successful in implementing this algo-based stable coin in DeFi ecosystem. Can they attract users even if they are not pegged to fiat assets? What will be their strong point why they can pull it off in the DeFi market?
Coinmaster2.5
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June 08, 2021, 06:41:29 PM
 #28

Let us see if this project will be successful in implementing this algo-based stable coin in DeFi ecosystem. Can they attract users even if they are not pegged to fiat assets? What will be their strong point why they can pull it off in the DeFi market?

I read the Whitepapers. It says that  for the 1st phase Federal will focus on retail lending given the advent of POS lending, which is a $6 Trillion market now and growing at 24% CAGR year on year. In crises there is a big demand in the lending market.
purka5
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June 09, 2021, 07:57:00 PM
 #29

Let us see if this project will be successful in implementing this algo-based stable coin in DeFi ecosystem. Can they attract users even if they are not pegged to fiat assets? What will be their strong point why they can pull it off in the DeFi market?

I read the Whitepapers. It says that  for the 1st phase Federal will focus on retail lending given the advent of POS lending, which is a $6 Trillion market now and growing at 24% CAGR year on year. In crises there is a big demand in the lending market.

Now lending market is actively developing. Thanks appear of DeFi projects now everybody can take a loan using cryptocurrency as a collateral.
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June 10, 2021, 07:35:11 PM
 #30

Let us see if this project will be successful in implementing this algo-based stable coin in DeFi ecosystem. Can they attract users even if they are not pegged to fiat assets? What will be their strong point why they can pull it off in the DeFi market?

I read the Whitepapers. It says that  for the 1st phase Federal will focus on retail lending given the advent of POS lending, which is a $6 Trillion market now and growing at 24% CAGR year on year. In crises there is a big demand in the lending market.

Now lending market is actively developing. Thanks appear of DeFi projects now everybody can take a loan using cryptocurrency as a collateral.

According to Whitepaper The Federal Money envisions to solve both volatility and the incentive problem in adoption. The Federal Money will allow users to circumvent traditional credit lines using the point-of-sale lending system to borrow and spend.
purka5
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June 11, 2021, 12:58:35 PM
 #31


According to Whitepaper The Federal Money envisions to solve both volatility and the incentive problem in adoption. The Federal Money will allow users to circumvent traditional credit lines using the point-of-sale lending system to borrow and spend.

With the development of the DeFi industry, many projects that are engaged in lending have appeared. Now, as the crisis continues, the need for loans is very high, and not everyone can get bank loans. Therefore, many take out loans in DeFi.
SDKmaster
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June 11, 2021, 07:09:00 PM
 #32


According to Whitepaper The Federal Money envisions to solve both volatility and the incentive problem in adoption. The Federal Money will allow users to circumvent traditional credit lines using the point-of-sale lending system to borrow and spend.

With the development of the DeFi industry, many projects that are engaged in lending have appeared. Now, as the crisis continues, the need for loans is very high, and not everyone can get bank loans. Therefore, many take out loans in DeFi.

The advent of DeFi has given new opportunities to the lending market. Loans are secured by cryptocurrency, which is good when the market is growing, but it won't work when the market is falling.
nikita2020
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June 12, 2021, 01:45:46 PM
 #33


The advent of DeFi has given new opportunities to the lending market. Loans are secured by cryptocurrency, which is good when the market is growing, but it won't work when the market is falling.

When the market falls, providing loans with cryptocurrency is not the best solution, because some cryptocurrencies have already lost more than 2 times in price.
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June 12, 2021, 07:59:32 PM
 #34


The advent of DeFi has given new opportunities to the lending market. Loans are secured by cryptocurrency, which is good when the market is growing, but it won't work when the market is falling.

When the market falls, providing loans with cryptocurrency is not the best solution, because some cryptocurrencies have already lost more than 2 times in price.

Now, due to the crisis, many people have a bad credit history and loans are not available to them, so the need for DeFi lending is very high.
jorjeIII
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June 13, 2021, 06:38:46 PM
 #35


When the market falls, providing loans with cryptocurrency is not the best solution, because some cryptocurrencies have already lost more than 2 times in price.

Now, due to the crisis, many people have a bad credit history and loans are not available to them, so the need for DeFi lending is very high.

The most important thing is that the loan is returned, and for cryptocurrencies, the main thing is that the loan collateral is sufficient for its return.
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June 14, 2021, 02:43:42 PM
 #36


The most important thing is that the loan is returned, and for cryptocurrencies, the main thing is that the loan collateral is sufficient for its return.

Loans should be accessible to users, easy to obtain, and inexpensive. These properties attract users to the DeFi industry.
federalmoney_official (OP)
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June 14, 2021, 03:53:10 PM
 #37

Want to have all your crypto accepted in one place? #FederalMoney backed by a #PeoplePoweredCentralBank offers #interoperability #stability #PoSLending. Buy, borrow and lend across crypto networks anytime, anywhere in the world.
Web: https://federal.money

More information at https://twitter.com/FDRL_Money/status/1403743904437084161
altixz
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June 15, 2021, 06:04:49 PM
 #38

Want to have all your crypto accepted in one place? #FederalMoney backed by a #PeoplePoweredCentralBank offers #interoperability #stability #PoSLending. Buy, borrow and lend across crypto networks anytime, anywhere in the world.
Web: https://federal.money

More information at https://twitter.com/FDRL_Money/status/1403743904437084161

The idea of the project is good but for good realization of this idea it is necessary to have a good liquidity.

According to their roadmap published on the sitm of Federal Money, the project has been under research for few years, building tools to solve one major problem in the industry – adoption as a DAPP, APP or/and Individual.
purka5
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June 16, 2021, 06:02:59 PM
 #39

Want to have all your crypto accepted in one place? #FederalMoney backed by a #PeoplePoweredCentralBank offers #interoperability #stability #PoSLending. Buy, borrow and lend across crypto networks anytime, anywhere in the world.
Web: https://federal.money

More information at https://twitter.com/FDRL_Money/status/1403743904437084161

According to their roadmap published on the sitm of Federal Money, the project has been under research for few years, building tools to solve one major problem in the industry – adoption as a DAPP, APP or/and Individual.

It is good that the project has experience in development, a lot of time has been spent on its development, it gives competitive advantages over other companies, but the main thing is to implement everything that is planned in the roadmap.
Lunafox
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June 17, 2021, 06:14:47 PM
 #40


It is good that the project has experience in development, a lot of time has been spent on its development, it gives competitive advantages over other companies, but the main thing is to implement everything that is planned in the roadmap.

Now there is a very large selection of projects for investment, so it is very important to choose the right projects and carefully check their documents and development.

Now, for any cryptocurrency project, it is important to conduct active advertising and promotion in order to attract attention, since the competition in the cryptocurrency market is very high.
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