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Author Topic: [ANN] 📈📈📈 e -Money.com 📈📈📈 Next Generation Stablecoins for the Internet  (Read 192 times)
purka5
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December 23, 2021, 10:19:09 AM
 #21

The idea of the generation of stablecoins for the internet is good. There is a demand for stablecoins. But such stablecoins must have liquidity.

 But my question is -  Is your native token NGM a stablecoin?

No, NGM is the staking token that secures the e-Money blockchain (built on Cosmos ⚛️) which provides instant transactions for stablecoin settlements.

Thank you for the answer. But I have a one more question - You create a platform for  Next Generation Stablecoins for the Internet.

What type of stablecoins are they? Please explain me more what type of stablecoins will you use.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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E-money.com (OP)
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December 24, 2021, 02:24:54 PM
 #22


Thank you for the answer. But I have a one more question - You create a platform for  Next Generation Stablecoins for the Internet.

What type of stablecoins are they? Please explain me more what type of stablecoins will you use.

e-Money stablecoins are collateralized (not algorithmic) stablecoins and are collateralized in the same currency as which they are issued (so the eEUR stablecoin is collateralized in Euros, etc.).

Some more news from the project Wink

Our team at e-Money would like to wish everyone a Merry Christmas and Happy New Year!


We hope you all have a nice time with friends & family!

Merry Christmas and Happy New Year!!!
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December 25, 2021, 10:19:50 AM
 #23

Why is 1 eEUR not equal to 1 EUR?

Please explain me this. I do not understand it.
E-money.com (OP)
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December 26, 2021, 02:50:01 PM
 #24

Why is 1 eEUR not equal to 1 EUR?

Please explain me this. I do not understand it.

e-Money stablecoins have a novel design which allows them to handle both positive and negative interest rate environments (crucial to maintaining their value in all market conditions, unlike other stablecoins). This means that the stablecoins are not meant to equal their fiat counterparts 1 to 1, but they are designed to diverge over time. See here for an example: https://t.me/emoney_com/66365.
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December 27, 2021, 12:15:09 AM
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Sounds interesting  Shocked

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