OVERVIEW OF THE USDQ STABLECOIN
Globally, cryptocurrency adoption on a mass scale is being hindered by several factors, of which the most threatening is constant price fluctuations. In several scenarios, these volatility has been beneficial while in much cases, many individuals have loss a lot of investment and profitable value to price volatility, hence no one would like to adopt an asset that would cause them heavy and unmanageable losses due to volatility.
The negativity of price fluctuations have caused the cryptocurrency market to be a state of turmoil, therefore there is need a accessible and lasting solution to provide opportunities to break this problematic barrier and help further the growth of the cryptocurrency market. The answer to these problem lies in STABLECOINS AND the USDQ stablecoin is the main focus of this article.
USDQ IS THE REVOLUTIONARY SOLUTION
Firstly, stablecoins are cryptocurrency collaterized by fiat or non - fiat commodities such as gold, diamond, ore, palladium etc. Hence the stable coin represents the price of the commodity backing it. The USDQ token is a complete decentralized stablecoin built by PLATINUM ENGINEERING Team and it uses an algorithm to ensure scalability, stability and security against centralized control and price fluctuations. The Platinum Engineering Team offered USDQ as a means of integrating excellent solutions in collaterization while establishing stabilization mechanisms. USDQ operates in a method exceptional from other stablecoins in circulation while beneficial to the holders.
The USDQ stablecoin is pegged to the US Dollar and is fully supported by Bitcoin cryptocurrency and other future added 10 cryptocurrencies, where the application of collateralized debt contract ensures the reduction in factors of unpredictable alterations in asset cost. USDQ and Q DAO platform which operates in a similar method to lending and fractional banking system guarantees that 1 USDQ will always be equal to 1 USD. Any user seeking to escape the unpredictable constant price fluctuations of the market can utilize the smart contract platform coin(QDAO) and USDQ token because it establishes an environment which protects holdings against volatility.
USDQ is reliable, transparent and decentralized because it is created on the Ethereum network, whereby integrated use of smart contract eliminates the requirements of middlemen or intermediaries providing trustworthiness and removes manipulation or bureaucratic controls.
For more information, please visit:
WEBSITE: https://usdq.platinum.fund/
WHITEPAPER: https://usdq.platinum.fund/whitepaper
ONE PAGER: https://usdq.platinum.fund/onepager
FACEBOOK: https://www.facebook.com/FundPlatinum
TWITTER: https://twitter.com/FundPlatinum
TELEGRAM: https://t.me/Platinumq
MEDIUM: https://medium.com/platinum-fund
REDDIT: https://www.reddit.com/user/Platinum_QDAO
LINKEDIN: https://www.linkedin.com/company/platinum-co/
GITHUB: https://github.com/Platinumengineering/USDQ
EXCHANGE : https://www.hotbit.io
KAKAO: https://open.kakao.com/o/gfFhY2mb
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ETH Address : 0x56D391aD6C5Fe4b4faee3FCF9C7D32D9BD2feeCA