Psyche Coin - a stable coin network where prices to provide accurate prices all day long.
Blockchain technology gives us the true meaning of digital currency which is completely transparent without any manipulation. In Blockchain Space, of course, we need Safe Asset such as Stable Coin for various things that support transaction processes such as trading, swapping or payments. Even though there are currently various Stable Coins out there, they still have various flaws and lack of transparency, therefore Psyche Stablecoin is different from other Stable Coins by having more benefits and unique features than just currency.
What is Psyche?
Psyche is a new Ecosystem which is revolutionizing the cryptocurrency industry by introducing an Ecosystem between the blend of cryptocurrency and technology that is easy to use for all users where this ecosystem will connect everyone seamlessly and easily to the cryptocurrency space with an easy process. Psyche will create a new ecosystem based on Blockchain Technology with the RefleX Algorithm specifically designed to meet the needs of various needs of its users. This algorithm is designed to provide accurate exchange rates on the current market as well as free transactions. Blockchain technology currently has a simple problem, namely the transaction process is still long, therefore speed is important if Blockchain is to be adopted on a large scale,
The Psyche team designed a new DeFi Ecosystem that could be an important part of the Cryptocurrency revolution by bringing the Ecosystem faster than any other Stable Coin. The Soul Ecosystem also provides an Asset Wallet in their ecosystem which will allow users who are new to the crypto space to connect with the cryptocurrency market more easily. The wallet in the ecosystem that Psyche will design will function like a debit / credit card that is easy to remember, making the transaction process easier later. Each transaction will be bound by a unique and specially designed six-digit security code to make it easier and more secure. The Transaction process can only be completed after the code has been sent, where the signed Transaction provides security and trust between the two parties when making transactions through this Ecosystem.
Vision:
Psyche's vision is for a world where:
Cryptocurrency is easy to understand and use.
Cryptocurrency has a reputation for being trustworthy.
People feel comfortable using cryptocurrency for day-to-day transactions.
Cryptocurrency doesn't harm the environment.
The poor benefit directly from the existence of digital currency.
Stable Network:
Psyche will create a network of stable coins where the price is controlled by the system to provide accurate pricing throughout the day. The network will provide the most advanced Smart Contracts to develop more stable currency and allow those coins to pay the transaction fee from their own coins. However, these Smart Contracts are bound with several characteristics to ensure the quality and purpose of the coin and stability of the Net-work.
Psyche Features:
Psyche is the best solution because it is set to revolutionize the crypto world by providing the fusion of cryptocurrency and technology, which is user-friendly to establish an unbreakable bond between people only.
Psyche Coin?
The Native Token to be used in this Ecosystem is Psyche Coin, which is based on Ethereum Blockchain Technology with its smart Contract feature that allows various processes to be automated, eliminating the role of centralized 3rd parties so as to provide users with a cheaper and faster transaction process. Psyche Coin will always be pegged at $1 with a price adjustment process that is done automatically through their algorithm, providing the best rate to its users when they want to make transactions.
Psyche a true challenge to USDT:
With the advent of digitalization and technology overall we are about to undergo the forthcoming era, which will mainly benefit and provide human living prospects.
ROADMAP Psyche Cash:
Conclusion:
With the increasing interest of people in cryptocurrency, experts predict that in the next few years crypto users will increase - Psyche hopes to be part of that trend and become a cryptocurrency that can revolutionize the financial industry by combining blockchain technology and user-friendly cryptocurrency and producing a variety of features that can be connecting users easily and quickly with the crypto world. With Psyche, it is hoped that more and more people will get to know what cryptocurrency is and feel the benefits of crypto.
I think that's enough for now, don't forget to follow & upvote for more content about new potential projects, I will provide some links related to the Psyche Ecosystem below. Thank you very much!
Website: http://psyche.cash/
Whitepaper: https://psyche.cash/wp-content/uploads/2020/10/Psyche-Whitepaper-v1.pdf
Medium: https://psycheusd.medium.com/
Twitter: https://twitter.com/psycheusd
Telegram: https://t.me/psycheusd
Instagram: https://www.instagram.com/psycheusd/
Facebook: https://www.facebook.com/psycheusd
Author:
Username: Devani17
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2433969
ETH Address: 0xfC9eC58F3F077874ABdAf6F971f63E84d6F134c4