Technology developed by IoNectar will be implemented into the crypto world through the stable X8C token, which will consist from 8 different fiat currencies and gold coins. All X8C tokens will be fully (100%) backed at any time. Unlike other "stable" coins the value of X8C will not be pegged to the mentioned basket, as the basket will be active and managed by our Automatic Reserves Management trading AI system (ARM AI). The ARM AI was in development for over 10 years and has a proven track record, as shown in the graph bellow:


The purpose of X8C is providing maximum stability and liquidity to the market. Thus, there are certain automatic procedures in place for cases when the market price of X8C exceeds its intrinsic value for 1% or more, like providing additional stability.