Alternity CNY - Alternity aims to cater to users who value diversification

in #steemhunt • 10 months ago

Alternity CNY

Alternity aims to cater to users who value diversification

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Hunter's comment

The protocol provide users with a stablecoin that is pegged to the Chinese Yuan, achieved by utilizing Ether as the required collateral. Loans are paid out in LCNY (a CNY pegged stablecoin) and need to maintain a minimum collateral ratio of 110%.

Link

https://alternity.finance/


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     10 months ago 

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