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     3 years ago 

    Hi @drshahzad

    Thanks for attending the 7th -Crypto course on stable coins and for your effort in doing the given homework task.

    Feedback
    Fairly done!

    PACs
    the PACs are the smart contracts have been audited by the nomic labs and the bank accounts reserves will be audited by the withum auditing firm. Now technically in order to keep the amount of PACs in circulation exactly equal to the amount of USD in reserves . They operate a coin burn every time one PACs is redeemed for the USD then the corresponding token is destroyed.

    You lost track of the acronym PAX. It's not PACS. Kindly rectify that in your article.

    Improve the quality of your articles by ensuring clarity in your explanations.

    Homework task
    5

    $1.69
    • Past Payouts $1.69, 0.00 TRX
    • - Author $0.84, 0.00 TRX
    • - Curators $0.84, 0.00 TRX
    1 vote
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