1) We have developed a totally new type of stablecoin.
Our currency-backed tokens are interest bearing meaning that they can easily adapt to either positive or negative interest rates - something that existing stablecoins simply cannot do. In the current volatile economic climate, this is an essential quality.
2) E-Money is totally transparent, with quarterly Reserve Audits by @EYnews You can also check our network metrics here: https://e-money.net
3) E-Money is built on @cosmos and is, therefore, interoperable with the flourishing Cosmos network of projects.
We also recently partnered with @avalancheavax allowing even broader functionality for our asset-backed tokens. You can read all about this here: https://medium.com/avalancheavax/avalanche-expanding-stablecoin-diversity-in-defi-ecosystem-with-upcoming-launch-of-e-moneys-512ced45e11a
4) We currently have five currency backed tokens in issuance. These are the Euro (EUR), Swiss Franc (CHF), Swedish Krona (SEK), Norwegian Krone (NOK) and the Danish Krone (DKK) with a host of additional currencies pegged for release in 2021.
Each token is backed by a reserve of assets denominated in its underlying currency (e.g. eEUR is backed by EUR denominated bank deposits and bonds). In a market dominated by USD pegged stablecoins, e-Money allows users to choose the currency with which their tokens are backed.
5) The e-Money blockchain supports instant payments at scale and includes a DEX ( https://wallet.e-money.com/welcome ) for easy conversion between currencies.
6) We are currently building bridges to other networks. We are building a BEP3 bridge to @avalancheavax which will also support @ethereum
We are also coordinating the development of a @Polkadot bridge.
We are also coordinating the development of a @Polkadot bridge.
7) e-Money’s native ecosystem token – NGM – can be bonded with validators to ensure that the e-money system remains secure, stable, fast and cheap to use while also yielding staking rewards.
The supply of our currency backed tokens is inflated at a rate of 1% p/a. The inflated supply is used to buy back and burn NGM - incentivising staking.
8) We have a strong network of trusted validators securing e-Money. They can be viewed here: https://wallet.e-money.com/earn . The e-Money team is, in turn, a validator of the @cosmos network.
9) Our founder and CTO @haasted is the inventor of @getadblock
10) We are supported by a great network of industry leading partners: https://e-money.com/partners/
For more information, please go to: https://e-money.com
Catch all the latest e-Money news:
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Medium: https://medium.com/e-money-com
LinkedIn: https://www.linkedin.com/company/e-money/
GitHub: https://github.com/e-money
Telegram: https://t.me/emoney_com
Twitter: https://twitter.com/emoney_com
Medium: https://medium.com/e-money-com
LinkedIn: https://www.linkedin.com/company/e-money/
GitHub: https://github.com/e-money