Quote from: rbounty on May 11, 2020, 11:02:05 AM

Hello, community! 🤗
Today, we will tell you about the pros and cons of stablecoins. 🔥
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❗️𝗣𝗿𝗼𝘀:
🔵 Stablecoins can contribute to the increase in the use of cryptocurrencies and push them to mass adoption. Since they are convenient due to the absence of the huge price volatility (unlike most cryptocurrencies) while taking advantage of the blockchain technology.
🔵 It is much more convenient for people to use stable cryptocurrencies than fiat funds for their transactions since transactions through intermediary services that accept traditional currencies usually charge high transaction fees.
🔵 Stablecoins can increase the level of decentralization of the exchange. Decentralized exchanges are currently lacking in popularity, and stablecoins can lead to a greater influx of new users.
🔵 Stablecoins ease losses with a significant drop in the market. At the time of the collapse of the cryptocurrency market after the New Year 2018, during which many cryptos fell by 30-70%, the fall of Tether was only about 8%.
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❗️ 𝗖𝗼𝗻𝘀:
🔴 Investors arent interested in stablecoins. If you purchased 100 stablecoins at a price of $100, then after a year, two or five years, it does not matter, their amount will still be estimated at $100.
🔴 The cost of a stablecoin depends on the asset with which it is secured, so if the accounts on which the reserves are stored will be frozen and the assets withdrawn, then the project may go bankrupt.
🔴 Stablecoins can be stolen from bank accounts. And there are doubts that such a collateral system is completely decentralized, and the owners remain confidential.
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💎 Stablecoin RLC is the main coin of the Relictum Pro network, the issue of which is built on the forging of coins. Forging is a creation of new entries in the blockchain based on the participation of Relictum Pro network nodes in computational processes with the ability to receive remuneration in the form of new units RLC stablecoins. The forging of the stablecoins of RLC network Relictum Pro is built on the principles of relic radiation.
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The project team believes that it is possible to create a constant coin relative to the basis of all currencies of the world the RLC stablecoin, which would level out the fluctuations in the value of the stable-tokens compared to each other. Such consistency will be expressed in the calculation of the cost of the RLC stablecoin based on dynamic coefficients in relation to world electronic, digital currencies and assets, which will be reflected on the map of currency fluctuations.

📌 𝗙𝗼𝗿 𝗱𝗲𝘁𝗮𝗶𝗹𝘀, 𝘃𝗶𝘀𝗶𝘁 𝗼𝘂𝗿 𝘄𝗲𝗯𝘀𝗶𝘁𝗲: https://relictum.pro/knowledge

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📣 𝗝𝗼𝗶𝗻 𝘂𝘀 𝗼𝗻 𝘀𝗼𝗰𝗶𝗮𝗹 𝗺𝗲𝗱𝗶𝗮 𝘁𝗼 𝗯𝗲 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝘁𝗼 𝗿𝗲𝗮𝗱 𝗼𝘂𝗿 𝗻𝗲𝘄 𝗲𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗽𝗼𝘀𝘁𝘀!

It's good that Relictum Pro project will have stablecoin. It's great for traders because we need to fix money on stablecoin in UP or DOWN period