EURxb in 160 seconds!Want to learn more about our project and how you can earn interest just holding a stable coin with the new euro based EURxb stablecoin? We’ll tell you all about it! Spend just a couple of minutes of your time on our quick rundown!
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https://www.youtube.com/watch?v=8dV-Gi8Lqm0 How do we know that you have actual assets tied to this euro-based EURxb stablecoin? Remember, last 2019, USDT admitted they were not fully backed by USD assets. Now, what is the assurance that you are backed by EURO assets? Is there some third party auditor that can attest the existence of your assets?
Nordic Trustee as the independent bond agent must give their approval before MIRIS could issue the bond - which they did for the first 100m eur of bonds, and that’s why we were able to tokenised these assets and bonds. NT Services don’t work for MIRIS, rather they work on behalf of the bondholders in order to ensure that the investment is managed according to the terms of the bond agreement - which pledges these verified assets as security collateral.
Hello everyone, I see that an interesting conversation has already begun here, I would also like to know something, what is the difference between institutional and retail EURxb vaults?
Institutional vaults are not open to community investors - and their returns are capped at 5% APY daily. Retail / community vaults are uncapped and open to community investors. Both vaults will likely utilise the same yield strategies to start with.