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So XHV is a treasury coin. What that means, is that, you need $XHV in order to create the private stable coin $xUSD.
This means, the equivalent amount of XHV is burnt for that dollar amount of xUSD. The circulating supply of XHV is reduced every time this occurs.
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This means, the equivalent amount of XHV is burnt for that dollar amount of xUSD. The circulating supply of XHV is reduced every time this occurs.
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Now, as we know, stable coins are popular. The problem with stable coins thus far, is that they are not private, can be frozen, seized, and their peg of value is often questionable. ( Google USDT for that). $xUSD is a game changer on this front.
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$xUSD is private, and its peg is guaranteed, because there will be two ways to extract your value from it. The first way, is you can always burn it, and re-mint your XHV, at the current market price of $XHV , with applicable fees.
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The second way, will be selling it on the open market, with minimal fees. As @thorchain_org integrates @HavenXHV into their cross chain liquidity decentalized exchange, $xUSD will suddenly have liquidity. More exchange will be sure to follow in time.
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They will follow in time, because, $xUSD is a game changer among stable coins. It's peg is guaranteed. It cannot be frozen or seized, and it is private. You are not limited. But here's the kicker.... It's one of the first non-erc20 stablecoins to exist.
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But wait...theres more. You will need $xUSD in order to trade, privately,in the safety of your own haven vault,without a real world exchange, for other Assets available. Like exposure to gold and silver. $xUSD is required for these,and it's only through $XHV that you get XUSD.
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On top of all that, $xUSD is a great way to store all your crypto gains safetly, securely,and privately.This will create demand for xUSD which will automatically create demand for $XHV.The XHV supply will begin to be burnt up at an alarming rate once more xAssets are released.
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Significant amounts of the 14 million $XHV supply will be burnt, this will drive the value of XHV up, simply because the demand for more xUSD will be too great. $xUSD is the single greatest innovation to happen to crypto since bitcoin.
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The supply of XHV could drop so dramatically that exchanges will always be thirsty for more XHV, to create more precious xUSD. What does that tell you about the potential $XHV valuation? High demand, and not enough supply? It means, XHV could reach astronomical valuations.
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XHV could be worth 100,000 dollars per coin, if demand for xUSD continues to grow as people realize they don't want a volatile asset like $XMR or $BTC as a store of value. What the Haven Protocol has built, is a tool of financial freedom unlike any tool that has ever existed.
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You must understand the importance of what a private stable coin with monero grade privacy means,plus,what it means to be able to buy assets tied 2 real world value in private. It grants everyone the ability to have a portfolio,anywhere in the world,to any asset in the world.
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It takes #DeFi to new realms of ultility, and puts $XHV at the forefront of a new $DeFi era. The world is going crazy about defi right now, especially with the latest $GME and $AMC fiasco. However, when the world discovers Haven and its ecosystem, DeFi 2.0 will emerge.
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Haven $XHV is so far ahead of the #DeFi crowd, that the crowd can't see it yet. They have to catch up. $DeFi 2.0 will rock the world with privacy centric features, and ecosystems will join the XHV ecosystem, and we will have private interoperability.
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You can't have private interoperability without $xUSD, the private stable coin, soon to be cross chain compatible with Thorchain, another DeFi 2.0 project. $XHV $RUNE
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When the world catches up, and is demanding $DeFi 2.0, $XHV will be waiting because they anticipated the demand far in advance. Especially when we see other stable coins implode under regulator pressure, lawsuits, and bad actors. $xUSD is immune to all that.
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The question you have to ask yourself, is, are you a pioneer of the future, or a follower of the trend? Do your own research, then decide who you want to be. $XHV $xUSD
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