Re: LocalCoin DEX ($50 welcome bonus) decentralized crypto-market
Change the title of this ANN as this is fake advertisement.
your 'local usd' has nothing to do with real $USD and it is not stable like you say
https://llc.is/#/assets/1.3.1881
https://archive.is/eQfq7
LLC/localUsd
LTC/LLC
1 localUSD is from 1.85 - 2.29 LLC
1 LLC is from 0.000012 - 0.000182 LTC
simple math
How can this be 'stable' ?
your 'local usd' has nothing to do with real $USD and it is not stable like you say
https://llc.is/#/assets/1.3.1881
https://archive.is/eQfq7
LLC/localUsd
LTC/LLC
1 localUSD is from 1.85 - 2.29 LLC
1 LLC is from 0.000012 - 0.000182 LTC
simple math
How can this be 'stable' ?
Asset USD is a derivative that tracks the real value of 1 US Dollar. It is 100% decentralized and backed by the collateral held by the blockchain in smart contract
1. There will be Fiat gateways soon - businesse who can buy and sell LocalUSD, LocalEUR and etc for real fiat.
2. There will be OTC platfrom where people can trade LocalUSD, LocalEUR and etc.
In order to understand what LocalUSD, LocalEUR and other fiat assets are.
Please, refer to this articles
https://how.localcoin.is/en/latest/llc_holders/tokens/mpa.html#smartcoins
https://how.localcoin.is/en/latest/llc_holders/dex_margin_mechanics.html#how-is-the-collateral-ratio-cr-calculated
also go to LocalCoin Trading terminal and click "Borrow" this video may help you https://t.me/LocalCoin_official/114