Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Monero Dollar (#xmrd) is a secure, private, untraceable Stablecoin
by
XMRD
on 22/01/2020, 20:27:53 UTC
I don't see how this is private, as you never stated what algorithm you are using,
and I wonder why you called in Monero Dollar if it has nothing to do with Monero...
And that double 1% deposit and withdrawal fee is very high
Monero Dollar because RandomX Algo from Monero - Compared to crypto mixers is the fee very low and you use Monero Dollar as privacy Stablecoin.

TUSD or DAI in and Monero Dollar out
Monero Dollar in and TUSD or DAI out






This user's account is less than a day old.
The User account is less than a day old correct but you don't have to trust the user account, you just have to trust the blockchain technology.

Decentralized swap option via modified atomic swaps.

The fee is used to keep the mining rewards stable.




Good luck, keeping an eye on this.
thank you patel

This is terrific news, and Im gonna track the progress you make here. Coz tether is seemingly dead and dangerous to deal with. Does this have any affiliation with monero itself? are monero team themselves aware that there is a stablecoin being built, utilizing monero tech? And it looks as though this might of impacted the recent monero pump in some way. If its legit its fucking terrific.

hello gash. tether is centralized and xmrd is decentalized. we know about the issues from tether and we solved this issues. we used the monero technology to build the privacy stablecoin. the technology for the swap is build form us. XMRD is not related with monero expected the blockchain technology.

XMR will be added as collateral in the near future as well.