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What are ETH smart contracts?
This is yet another topic we couldn’t pass up! Why? Because this is exactly the technology we are using in our project! Smart contracts are applications that run on the Ethereum Virtual Machine (EVM). These are applications that are executed automatically upon fulfilling certain prerequisites set by their programmers.
Smart contract advantages include a built-in protection from the human factor. Nobody can tamper with a smart contract, and there is no need to trust the third party to release money on time or validate a transaction. What’s also important is that the contract runs on the blockchain, and will continue to work for as long as there is electricity and the Internet on the planet, regardless of the status of the developer's website or other external factors.
Smart contracts are used for a myriad of applications, from data storage to crowdfunding. With that said, they are completely transparent and anyone can monitor the current state of the smart contract as well as audit all the transactions it has been a part of through a blockchain explorer such as Etherscan. This is what allows us to fully automate the process of interest accrual, and at the same time ensure rock solid reliability for EURxb. Every transaction is trackable, and the currency is ready to be used to bring you profits!
This is yet another topic we couldn’t pass up! Why? Because this is exactly the technology we are using in our project! Smart contracts are applications that run on the Ethereum Virtual Machine (EVM). These are applications that are executed automatically upon fulfilling certain prerequisites set by their programmers.
Smart contract advantages include a built-in protection from the human factor. Nobody can tamper with a smart contract, and there is no need to trust the third party to release money on time or validate a transaction. What’s also important is that the contract runs on the blockchain, and will continue to work for as long as there is electricity and the Internet on the planet, regardless of the status of the developer's website or other external factors.
Smart contracts are used for a myriad of applications, from data storage to crowdfunding. With that said, they are completely transparent and anyone can monitor the current state of the smart contract as well as audit all the transactions it has been a part of through a blockchain explorer such as Etherscan. This is what allows us to fully automate the process of interest accrual, and at the same time ensure rock solid reliability for EURxb. Every transaction is trackable, and the currency is ready to be used to bring you profits!
Hello everyone, will $ XBE be listed on Binance? It's just that I always sit on Binance and trade only there because I believe that this will be the most reliable way.
Were already engaging with multiple exchanges - however yesterday in a surprise move, Bilaxy listed XBE. As soon as we sign the new agreement we will inform about it.How EURxb Transforms DeFi Market
The DeFi market is growing at an unprecedented speed! Just earlier this year DeFi wasn’t considered too special, and analysts weren’t sure if the market will continue the uptrend, but 2021 saw an even bigger surge!
Today the ecosystem’s total value locked (TVL) rose to $44.88B and almost reached its all-time high of $45B, which was notched for the first time ever around this time last month. This is truly amazing — every day the DeFi market sees a dozen new projects ranging from investments to risk hedging, etc. However, EURxb is a unique one, and in a lot of ways it changes the way people look at DeFi.
We have already talked about how EURxb is, in some sense, a bridge between the traditional finance market and DeFi. Our project got the best from both worlds! The EURxb token is a real-world implementation of bonds on the blockchain, providing tangible benefits to the issuer, buyers and holders.
Bonds are usually considered as an alternative to bank deposits, and generally pays much better interest returns than cash deposits - making it more lucrative for companies to use for savings, which is not surprising. In our case, however, we use it as a transparent and reliable income-generating reserve asset, in essence you can think of the EURxb as a stablecoin collateralised by tokenised ISIN registered securities (minted in accordance with the EURxb protocol).
The EURxb.finance protocol allows tokenizing a certain standard of existing securities, allowing institutional investors to access Decentralized Finance (DeFi) and blockchain-based financial tools through securities. Each EURxb token is backed by tokenized ISIN registered securities (EBND NFT) which are themselves backed at a 4:3 ratio with real-world assets in accordance with the ISIN Secured Bond classification standard. This way EURxb holders can get returns on their tokens as if they were bonds — 7% APY!
There haven’t yet been anything like this on the DeFi market, and we want these opportunities to be available to the maximum number of investors who previously had no access to DeFi due to regulations and restrictions! EURxb lets you get into DeFi using traditional financial instruments!
The DeFi market is growing at an unprecedented speed! Just earlier this year DeFi wasn’t considered too special, and analysts weren’t sure if the market will continue the uptrend, but 2021 saw an even bigger surge!
Today the ecosystem’s total value locked (TVL) rose to $44.88B and almost reached its all-time high of $45B, which was notched for the first time ever around this time last month. This is truly amazing — every day the DeFi market sees a dozen new projects ranging from investments to risk hedging, etc. However, EURxb is a unique one, and in a lot of ways it changes the way people look at DeFi.
We have already talked about how EURxb is, in some sense, a bridge between the traditional finance market and DeFi. Our project got the best from both worlds! The EURxb token is a real-world implementation of bonds on the blockchain, providing tangible benefits to the issuer, buyers and holders.
Bonds are usually considered as an alternative to bank deposits, and generally pays much better interest returns than cash deposits - making it more lucrative for companies to use for savings, which is not surprising. In our case, however, we use it as a transparent and reliable income-generating reserve asset, in essence you can think of the EURxb as a stablecoin collateralised by tokenised ISIN registered securities (minted in accordance with the EURxb protocol).
The EURxb.finance protocol allows tokenizing a certain standard of existing securities, allowing institutional investors to access Decentralized Finance (DeFi) and blockchain-based financial tools through securities. Each EURxb token is backed by tokenized ISIN registered securities (EBND NFT) which are themselves backed at a 4:3 ratio with real-world assets in accordance with the ISIN Secured Bond classification standard. This way EURxb holders can get returns on their tokens as if they were bonds — 7% APY!
There haven’t yet been anything like this on the DeFi market, and we want these opportunities to be available to the maximum number of investors who previously had no access to DeFi due to regulations and restrictions! EURxb lets you get into DeFi using traditional financial instruments!
This project looks very interesting, I would like to know more about it, where should I start? Medium articles are good too
more info eurxb.financeHello everyone, team, I'm not mistaken in thinking that there is a good chance of earning a solid passive income with xbe?
of course more info eurxb.finance
Why do you need to sign up to our social networks?
EURxb is an innovative high tech project that is transforming the financial market.
In addition to our own news about our project, activities, life of the company we discuss the most important events in the finance industry, the new digital technologies, cryptocurrencies. We want everyone who views our social networks to be interested, and most importantly we want the information to be useful! That is why we write about the world news, about the technologies that are now developing and being implemented in all spheres of life.
☑️ Sign up to our social networks:
🔸 Medium https://medium.com/eurxb-finance
🔸 LinkedIn https://www.linkedin.com/company/eurxb
🔸 Telegram https://t.me/eurxbfinance
🔸 Discord https://discord.com/invite/HrgsQCa7pj
🔸 Twitter https://twitter.com/EURxbfinance
🔸 Reddit https://www.reddit.com/user/eurxb
🔸 Bitcointalk https://bitcointalk.org/index.php?topic=5321785.msg56494571#msg56494571
EURxb is an innovative high tech project that is transforming the financial market.
In addition to our own news about our project, activities, life of the company we discuss the most important events in the finance industry, the new digital technologies, cryptocurrencies. We want everyone who views our social networks to be interested, and most importantly we want the information to be useful! That is why we write about the world news, about the technologies that are now developing and being implemented in all spheres of life.
☑️ Sign up to our social networks:
🔸 Medium https://medium.com/eurxb-finance
🔸 LinkedIn https://www.linkedin.com/company/eurxb
🔸 Telegram https://t.me/eurxbfinance
🔸 Discord https://discord.com/invite/HrgsQCa7pj
🔸 Twitter https://twitter.com/EURxbfinance
🔸 Reddit https://www.reddit.com/user/eurxb
🔸 Bitcointalk https://bitcointalk.org/index.php?topic=5321785.msg56494571#msg56494571
How do bonds work?
A bond is a financial instrument that represents debt. The government or a business can issue bonds, and their investors can buy them, making them debtholders to the issuers. Investors make money in the form of interest, and when the bonds expire, bond holders also get back their principal. There are different types of interest, which depends on the bond.
Bonds are among the most conservative ways of making money, if you pick the right ones they can be very low risk: their ROI is usually known beforehand, and depending on the type of bond, they are backed by the issuer’s assets.
There are actually several different types of bonds — but the two that are important for us to note are “Secured” bonds, and “Senior Secured” bonds. If a bond is not Secured, it means that the debt is not backed by assets from the issuer, and you are trusting them to pay at the end of the term. It is also important to note whether a bond is investment grade — which speaks to the creditworthiness of the issuer. As long as an issuer is rated between A and AAA the bond is generally considered investment grade, and credit agencies generally indicate that you can trust the company to keep their word even if there is no collateral or security.
When a bond is secured, the issuer pledges assets against the bond, which can be liquidated at maturity if the issuer is unable to make full payment to bondholders. It is important to verify the value of the assets pledged as security, because you have to allow for many factors that can actually result in the security being worth less than the amounts due to bondholders — in which case you could still lose some money. We recommend a 4:3 over collateralization of assets as security, or 75% Debt to Collateral ratio to ensure there is sufficient surplus value of assets to cover bondholders if it comes to a liquidation.
Secured bonds also don’t necessarily place the bondholders first in line of who gets paid when assets are liquidated — because the issuer may have other debts that have seniority over the bondholder, and those must be paid before the bondholders are settled. That is where “Senior Secured” bonds is a bond where the assets are pledged, but they are specifically allocated to first deal with settling payments to bondholders.
However, what if we bring that decentralised reserve management over to the stablecoins that use real-world reserves? That is exactly what the EURxb stablecoin does. All the issued coins are backed at a ratio of 4:3, not 1:1, thanks to the bond reserves being Investment Grade, and Senior Secured Green Bonds at a 133% overcollateralization ratio on top! The reserves have also been proven — they are legally bound and pledged through the creation of bonds in the security market, ensuring the protocol’s legitimate and actionable rights to these real-world assets, just like in any other regulated financial system. This guarantees that the token won’t lose its value, and its holders can utilize it like any other currency to yield them profits!
The high reliability and low risk are the reasons we chose investment grade, Over Collateralized Senior Secured bonds for our unique EURxb stablecoin!
A bond is a financial instrument that represents debt. The government or a business can issue bonds, and their investors can buy them, making them debtholders to the issuers. Investors make money in the form of interest, and when the bonds expire, bond holders also get back their principal. There are different types of interest, which depends on the bond.
Bonds are among the most conservative ways of making money, if you pick the right ones they can be very low risk: their ROI is usually known beforehand, and depending on the type of bond, they are backed by the issuer’s assets.
There are actually several different types of bonds — but the two that are important for us to note are “Secured” bonds, and “Senior Secured” bonds. If a bond is not Secured, it means that the debt is not backed by assets from the issuer, and you are trusting them to pay at the end of the term. It is also important to note whether a bond is investment grade — which speaks to the creditworthiness of the issuer. As long as an issuer is rated between A and AAA the bond is generally considered investment grade, and credit agencies generally indicate that you can trust the company to keep their word even if there is no collateral or security.
When a bond is secured, the issuer pledges assets against the bond, which can be liquidated at maturity if the issuer is unable to make full payment to bondholders. It is important to verify the value of the assets pledged as security, because you have to allow for many factors that can actually result in the security being worth less than the amounts due to bondholders — in which case you could still lose some money. We recommend a 4:3 over collateralization of assets as security, or 75% Debt to Collateral ratio to ensure there is sufficient surplus value of assets to cover bondholders if it comes to a liquidation.
Secured bonds also don’t necessarily place the bondholders first in line of who gets paid when assets are liquidated — because the issuer may have other debts that have seniority over the bondholder, and those must be paid before the bondholders are settled. That is where “Senior Secured” bonds is a bond where the assets are pledged, but they are specifically allocated to first deal with settling payments to bondholders.
However, what if we bring that decentralised reserve management over to the stablecoins that use real-world reserves? That is exactly what the EURxb stablecoin does. All the issued coins are backed at a ratio of 4:3, not 1:1, thanks to the bond reserves being Investment Grade, and Senior Secured Green Bonds at a 133% overcollateralization ratio on top! The reserves have also been proven — they are legally bound and pledged through the creation of bonds in the security market, ensuring the protocol’s legitimate and actionable rights to these real-world assets, just like in any other regulated financial system. This guarantees that the token won’t lose its value, and its holders can utilize it like any other currency to yield them profits!
The high reliability and low risk are the reasons we chose investment grade, Over Collateralized Senior Secured bonds for our unique EURxb stablecoin!
Hi, I have been following EURxb for 2-3 weeks now and personally think that the project is excellent and worthy in the crypto industry. I think that this project will work efficiently, because this project has a great team that always gives creative ideas.
thanks for the support!I see that in this project many are interested in earning passive income as quickly as possible, and of course I would also like to see this, but I would like to see partnership listings and various events in this project
more info https://eurxb.finance🚀 You can find EURxb on the second most popular cryptocurrency market statistics website, at the following link: https://www.coingecko.com/en/coins/eurxb
🌐 CoinGecko provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.
☝️ To get featured on CoinGecko, a coin must pass a vetting procedure.
🌐 CoinGecko provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.
☝️ To get featured on CoinGecko, a coin must pass a vetting procedure.
Guys, will it be possible to provide one asset that can be listed on an atomic swap basis?
The atomic swap is funded from the EURxb tokens mandated to assist with EURxb liquidity events, the next event is an XBE liquidity event, and as such there is no XBE tokens to be provided through an atomic swap - as they have all been distributed fairly and freely during the initial EURxb liquidity event. We will have further EURxb liquidity events in the future, and then enable the atomic swap again. For now, the only XBE available as incentive are the tokens purchased from the market by the founders right after distribution by OTC. There is a limited supply, so it is unlikely that we would be able to see another XBE liquidity event - meaning you should not miss out!Something interests me If EURxb is the one you need to stake why thn xbe price will go high?
EURxb earns 7% in your wallet already, but you can lock it in either the institutional or the community vaults for even more returns. When institutions lock their EURxb in the institutional vault, that vault can then deploy the funds in DeFi programs for yield. The return on that is capped at 5% for the institution, and the balance over it is actually distributed to the XBE holders. You also need to stake the XBE to be able to receive the reward.So what kind of challanges are you facing with financial institution in relation to Defi?
Getting clarity on the difference between a stablecoin and a price volatile cryptocurrency, and how to verify that they have legal protection when they purchase stablecoins that they would need to convert back to fiat later.Hello everyone and have a nice day, I would like to know which exchange are you going to list on first?
pls look ) https://www.coingecko.com/en/coins/xbe-tokenEURxb Connects Securities Market And Blockchain
🚀 Today we would like to talk about the goal we have set for ourselves when we created the EURxb token.
🔘 The international bond market, just like the currency market, is one of the most effective global tools for trading wealth from one profitable instrument to another. This is the market that allows funds to invest billions and trillions in fiat money and gain back returns - with clear guidance and classifications to determine which offering is investment grade, and which are not! This is a strictly regulated market, where market players have legal protections and can rely on the law to keep issuers to their word.
🔘 On the other hand, since blockchain projects are plagued with high volatility and lack of regulation, the cryptocurrency sector remains rather inaccessible to a lot of investors despite being a very attractive market.
🔘 When creating EURxb we wanted to bring the strengths of the traditional financial market to the cryptocurrency market. We made EURxb a stablecoin that meets the strict requirements of traditional investors and provides these same benefits to existing cryptocurrency users. This coin is backed by secured bonds and allows its holders to enjoy a 7% APY.
🔘 We believe that EURxb is a gamechanger on the stablecoin and investment project market, and it is our coin that lays the foundation for future securities tokenization in the process.
🚀 Today we would like to talk about the goal we have set for ourselves when we created the EURxb token.
🔘 The international bond market, just like the currency market, is one of the most effective global tools for trading wealth from one profitable instrument to another. This is the market that allows funds to invest billions and trillions in fiat money and gain back returns - with clear guidance and classifications to determine which offering is investment grade, and which are not! This is a strictly regulated market, where market players have legal protections and can rely on the law to keep issuers to their word.
🔘 On the other hand, since blockchain projects are plagued with high volatility and lack of regulation, the cryptocurrency sector remains rather inaccessible to a lot of investors despite being a very attractive market.
🔘 When creating EURxb we wanted to bring the strengths of the traditional financial market to the cryptocurrency market. We made EURxb a stablecoin that meets the strict requirements of traditional investors and provides these same benefits to existing cryptocurrency users. This coin is backed by secured bonds and allows its holders to enjoy a 7% APY.
🔘 We believe that EURxb is a gamechanger on the stablecoin and investment project market, and it is our coin that lays the foundation for future securities tokenization in the process.
EURxb Securing The Future!
We are creating a regulatory compliant on-ramp for regulated and institutional investors eager to enter crypto, but unable to do so due to their prescriptive investment requirements. We are creating a unique project that holds proven reserves and is totally transparent, while its users can enjoy their well-earned profits.
However, transparency is not the only feature of EURxb. We care about the environment just as much as we care about our investors. EURxb is bringing a GREEN choice to the EUR-denominated stablecoin market. We are extremely proud of our launch partnership with Miris AS who are committed to 100% Green and Sustainable Investments and independently audited for this by Cicero. Holding the EURxb as your stablecoin is literally creating a greener and more sustainable planet through the impressive programs Miris develops and we are happy to grant our users the opportunity to contribute to making the planet greener!
We are creating a regulatory compliant on-ramp for regulated and institutional investors eager to enter crypto, but unable to do so due to their prescriptive investment requirements. We are creating a unique project that holds proven reserves and is totally transparent, while its users can enjoy their well-earned profits.
However, transparency is not the only feature of EURxb. We care about the environment just as much as we care about our investors. EURxb is bringing a GREEN choice to the EUR-denominated stablecoin market. We are extremely proud of our launch partnership with Miris AS who are committed to 100% Green and Sustainable Investments and independently audited for this by Cicero. Holding the EURxb as your stablecoin is literally creating a greener and more sustainable planet through the impressive programs Miris develops and we are happy to grant our users the opportunity to contribute to making the planet greener!
You have questions❓ We have the answers❗️
Our support service is always ready to answer your questions in the chat. We have also made a FAQs section on our website for your convenience. However, we would still like to answer the frequently asked questions in this post! So, what do you need to know about EURxb.finance?
🔘 What is the EURxb Token?
The EURxb is an ERC20 Euro Stable coin that earns real time interest of 7% per annum for the duration of the protocol’s bond reserves’ term. The EURxb is collateralised by ISIN registered securities which is further overcollateralized (at a rate of 133%) by tokenized security assets.
🔘 Token backed by secured bonds, is this safe?
Absolutely. All the issued coins are backed at a ratio of 4:3, not 1:1. The reserves have been proven — they are legally bound and pledged through the creation of bonds in the security market, ensuring the protocol’s legitimate and actionable rights to these real-world assets, just like in any other regulated financial system. This guarantees that the token won’t lose its value, and its holders can utilize it like any other currency to yield them profits. With that said, everything is transparent and reliable. Every transaction is trackable, and the currency is ready to be used to bring you profits!
🔘 How do I purchase EURxb tokens?
You can become a token holder through our Uniswap pool. We have more exciting liquidity pools planned for the EURxb soon, so stay connected to our socials for more info..
Have a look at our FAQ page to find answers to other frequently asked questions! And if you haven’t found what you were looking for — don’t hesitate to ask us about it in the comments!
Our support service is always ready to answer your questions in the chat. We have also made a FAQs section on our website for your convenience. However, we would still like to answer the frequently asked questions in this post! So, what do you need to know about EURxb.finance?
🔘 What is the EURxb Token?
The EURxb is an ERC20 Euro Stable coin that earns real time interest of 7% per annum for the duration of the protocol’s bond reserves’ term. The EURxb is collateralised by ISIN registered securities which is further overcollateralized (at a rate of 133%) by tokenized security assets.
🔘 Token backed by secured bonds, is this safe?
Absolutely. All the issued coins are backed at a ratio of 4:3, not 1:1. The reserves have been proven — they are legally bound and pledged through the creation of bonds in the security market, ensuring the protocol’s legitimate and actionable rights to these real-world assets, just like in any other regulated financial system. This guarantees that the token won’t lose its value, and its holders can utilize it like any other currency to yield them profits. With that said, everything is transparent and reliable. Every transaction is trackable, and the currency is ready to be used to bring you profits!
🔘 How do I purchase EURxb tokens?
You can become a token holder through our Uniswap pool. We have more exciting liquidity pools planned for the EURxb soon, so stay connected to our socials for more info..
Have a look at our FAQ page to find answers to other frequently asked questions! And if you haven’t found what you were looking for — don’t hesitate to ask us about it in the comments!
Hello guys, can we start generating income, or is the product still not working?
of course )Exciting News for Everyone
A 10 day XBE Liquidity Event coming to UNISWAP and SUSHISWAP that will distribute 1,000 $XBE to incentivise XBE/USDT liquidity providers!
Event Start Date:
TBD (sometime during next week – that’s the week starting Monday 23rd of March)
Event End Date:
TBD (10 days after event start)
Total Reward:
1000 $XBE
Event Pools:
Two XBE/USDT pools – one on Sushiswapand the other Uniswap
✅ For more details, visit here: https://eurxb.finance/post/get-ready-xbe-liquidity-event-next-week-with-1-000-xbe-rewards
A 10 day XBE Liquidity Event coming to UNISWAP and SUSHISWAP that will distribute 1,000 $XBE to incentivise XBE/USDT liquidity providers!
Event Start Date:
TBD (sometime during next week – that’s the week starting Monday 23rd of March)
Event End Date:
TBD (10 days after event start)
Total Reward:
1000 $XBE
Event Pools:
Two XBE/USDT pools – one on Sushiswapand the other Uniswap
✅ For more details, visit here: https://eurxb.finance/post/get-ready-xbe-liquidity-event-next-week-with-1-000-xbe-rewards
What bonuses will there be for early investors?
No bonuses apart from timings.Hu team, I'm curious are there any listings coming soon?
Yes were working on some exchange listings currently, just laying the groundwork firstAbout EURxb governance token
Now is a great time to talk about XBE — the EURxb governance token. However, let’s first look at what governance tokens are as well as the privileges they provide to its holders.
Governance tokens allow their holders to participate in the decision-making process. Holders of these tokens can suggest, discuss and implement changes into the project, without the don’t need for the project’s team participation.
Governance tokens allow its holders to steer the project’s spending and technical development.
Any user with enough tokens can put forward their protocol development proposals. Should these proposals be approved by the community, they are automatically implemented into the protocol.
Now let’s touch upon how XBE Token works. This token gives users the ability to influence further development of the project and participate in decisions through voting.
Holders of the XBE token govern all aspects of the protocol, and will receive their share of Vault fees, including the surplus yields produced from the DeFi strategies funded by the EURxb Institutional Vault.
If you want to become an XBE holder, keep watching our newsfeed, we will soon show you exactly how to do that!
Now is a great time to talk about XBE — the EURxb governance token. However, let’s first look at what governance tokens are as well as the privileges they provide to its holders.
Governance tokens allow their holders to participate in the decision-making process. Holders of these tokens can suggest, discuss and implement changes into the project, without the don’t need for the project’s team participation.
Governance tokens allow its holders to steer the project’s spending and technical development.
Any user with enough tokens can put forward their protocol development proposals. Should these proposals be approved by the community, they are automatically implemented into the protocol.
Now let’s touch upon how XBE Token works. This token gives users the ability to influence further development of the project and participate in decisions through voting.
Holders of the XBE token govern all aspects of the protocol, and will receive their share of Vault fees, including the surplus yields produced from the DeFi strategies funded by the EURxb Institutional Vault.
If you want to become an XBE holder, keep watching our newsfeed, we will soon show you exactly how to do that!
It seems to me that for the very early stage of this project they are doing enough things, they will wait for cooperation
Thank you for your support and attention to the project! Your opinion is important to us!Hi, I see you make a lot of videos on YouTube, that's good, and what do you think about collaborating with YouTube bloggers so that we can attract more people to EURxb?
We are considering cooperation on any Internet websites. If you have a suggestion, write to directHow does the EURxb secure its value?
The new EURxb stablecoin uses traditional securities as safe reserves to give you transparent returns paid as interest by simply holding it in your wallet! If you are a visual learner, this video is for you!
➡️ Follow the link to learn more: ⏯️ https://www.youtube.com/watch?v=RJDctuhGnpM&t=15s
The new EURxb stablecoin uses traditional securities as safe reserves to give you transparent returns paid as interest by simply holding it in your wallet! If you are a visual learner, this video is for you!
➡️ Follow the link to learn more: ⏯️ https://www.youtube.com/watch?v=RJDctuhGnpM&t=15s
Fiat Or Secured Bonds — Searching For The Most Reliable Collateral
We have already mentioned how EURxb is different from other stablecoins, but today we would like to talk about stable coin backing — which is safer, fiat collateral or secured bonds?
What do you really need in collateral when picking a stable coin? Sure, cash in an account sounds good — but with negative interest rates coming around the world this may soon become a problem for stablecoins using that as collateral! Also, it is really hard to truly verify fiat cash in a bank account. And another important point: fiat money can be used as a surety for a loan that stablecoin holders cant even see — meaning the money may be there but it might not really be available to you when you need it.
Now, when a stablecoin is backed by secured bonds, it’s a completely different story. All such reserves are verifiable and go with all the necessary legal papers. Secured bonds pledged for issuing stablecoins are used EXCLUSIVELY for stablecoins, and this allows stablecoin holders to profit. This is similar to bank deposits, where banks put the money you deposit to use, splitting the profits from secured bonds between themselves and you.
So why should you share your profits if you can have it all with the EURxb token?
We have already mentioned how EURxb is different from other stablecoins, but today we would like to talk about stable coin backing — which is safer, fiat collateral or secured bonds?
What do you really need in collateral when picking a stable coin? Sure, cash in an account sounds good — but with negative interest rates coming around the world this may soon become a problem for stablecoins using that as collateral! Also, it is really hard to truly verify fiat cash in a bank account. And another important point: fiat money can be used as a surety for a loan that stablecoin holders cant even see — meaning the money may be there but it might not really be available to you when you need it.
Now, when a stablecoin is backed by secured bonds, it’s a completely different story. All such reserves are verifiable and go with all the necessary legal papers. Secured bonds pledged for issuing stablecoins are used EXCLUSIVELY for stablecoins, and this allows stablecoin holders to profit. This is similar to bank deposits, where banks put the money you deposit to use, splitting the profits from secured bonds between themselves and you.
So why should you share your profits if you can have it all with the EURxb token?
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!
⏯ https://www.youtube.com/watch?v=8dV-Gi8Lqm0
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!
⏯ 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?
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.