QIAN Protocol — a decentralized stablecoin structure that supports the issuance of various non-custodial stablecoins.
Contents:
Description of the QIAN Protocol project
In I Ching, the QIAN Protocol represents the universe, the most sublime positive energy and spirit. KUN — a QIAN stablecoin protocol governance token, used to vote on QIAN environmental governance issues and to maintain QIAN price stability. QUSD — the first stablecoin, issued by the QIAN system, which uses the US dollar exchange rate as its pricing standard. In the future, QIAN will issue various stablecoins that correspond to the exchange rates of the official currencies of different countries and administrative regions, such as QEUR, QHKD, etc.
Why should you trust this project:
| 1 | A clear and convenient process, compatible with Ethereum and Binance Smart Chain, covering a large group of users. |
| 2 | The first global volatility index regulates position risk, balancing excessive market risk control and capital efficiency. |
| 3 | KUN, management token without pre-mining, no private sale, no team distribution, 100% mining distribution; every KUN holder is a truly community oriented project manager. |
The right to issue QIAN stablecoins belongs to every cryptocurrency holder. With regard to the Hong Kong dollar pegged exchange rate system, QIAN stablecoins will be viewed as evidence of a currency swap between the smart contract and the holder of the cryptocurrency.
This move differs from the CDP mechanism of stablecoins such as MakerDAO, but represents a currency swap. QIAN stablecoins are considered proof of a currency swap between a smart contract and the holder of the cryptocurrency. Unlike CDP, there is no interest to pay, so CSA QIAN is likely to be withheld for a long time.
Additional data
The site provides a link to an introductory document. You will find project features, plans for the future and token data there. The platform is designed in English and Chinese.
From social networks, the community leads:
- twitter;
- telegram;
- github;
- discord.
Subscribe to stay up to date with all news and updates. The smart contract doesn't have an audit.