Quote from: tonych on September 30, 2020, 11:31:30 PM

Two news about bonded stablecoins:

1. OUSD can now be selected as reserve currency for new stablecoins

2. There is a new stablecoin called OCMC which tracks the total crypto market cap as reported by CoinMarketCap. Its current value is 343.774, which is the total marketcap in billions. You can use it to bet on overall crypto performance: buy when you expect it to rise, sell for OUSD when you expect it to fall. Direct link: https://ostable.org/trade/RC6N2RHP32DBL5G2JN3OREZBSUNPV5WQ#buy

Welcome GCMC!
https://ostable.org/trade/AXN2FCEZNDS3THORLZW4IUHU7MESLLPC/buy-redeem

GCMC is a new asset similar to OCMC, but reserve currency is represented by GBYTE instead of OUSD.
GCMC also tracks the total cryptocurrency market capitalization as OCMC, but GCMC is priced in GBYTE.
As a result, you make a profit when any of the GBYTE price or the total market capitalization of the cryptocurrency rises.
When the GBYTE price and the total cryptocurrency market capitalization grow together, you get double the profit!

Let's rock - buy the dip!