PIZZA-USDE — a two-token EOS system, based on a stable currency. The platform issues a stablecoin (USDE) by collateralizing crypto assets. With over-collateralization and the deployment of various smart contracts, the system neutralizes potential risks from market fluctuations and allows a 1:1 stablecoin to be pegged to the US dollar.
Contents:
- Description of the blockchain project PIZZA-USDE
- Why choose this EOS project?
- Additional information about dapp
Description of the blockchain project PIZZA-USDE
USDE is issued by regular users who provide crypto assets with proper collateral rates and create a CDP. USDE receive collateral rewards (in PIZZA token), provided by the system, profit by selling USDE to OTC markets, or simply spend USDE and acquire additional liquidity. The EOS Smart Liquidation Contract will be launched when the CDP collateral rate is below the required minimum collateral rate (minimum collateral rate is 150%). Early on, the system will use the USDE pre-deposited pool as a counterparty during liquidation to keep USDE stable.
PIZZA token holders can also vote on the management board, which will be responsible for various parameters of the system, such as commissions, issuer premiums, collateral level.
Why choose this EOS project?
To avoid network congestion issues, PIZZA - USDE chooses EOS, the best public network at the moment, as its development platform. In addition, high performance and high real-time transaction requirements due to high performance are expected to improve scalability in the future.
Why should you trust this project:
| Stability | The stablecoin is 1:1 pegged to the US dollar. With redundant collateral and the deployment of various smart contracts, the system neutralizes potential risks from market fluctuations. |
| High performance, scalability and renewal of contracts | The EOS platform promises a highly efficient project with real-time settlement. A rapidly evolving ecosystem and updatable contracts are the keys to actively iterating to meet user needs. |
| Decentralized distribution | USDE is issued by collateralizing crypto assets. |
Gradually, the system opens the source code and really becomes a community project and for the community. PIZZA tokens, which are governance tokens, will be distributed through giveaways, mining and possibly open marketing.
Additional information about dapp
There is a White Paper on the site, with the help of which you can familiarize yourself with the project in more detail.
Also, if you want to stay up to date with all innovations, subscribe to the community on these social networks:
- twitter;
- telegram.
You can leave your e-mail address on the site to receive a newsletter with project news. There is currently no information on the availability of an audit of a smart contract.