EOSDT (EOSDT) Price Today
EOSDT (EOSDT) Market Data
About EOSDT (EOSDT)
EOSDT is a decentralized stable currency on EOS that operates with more liquidity than the US dollar. It is a dollar-pegged currency that leverages underlying EOS and BTC collateral and adds extra liquidity to the market. EOSDT's stability mechanisms are embedded in smart contracts to maintain a 1:1 parity with USD, and collateralizing cryptocurrency is the only way to put EOSDT into circulation.
The Equilibrium Stability Fund, which has self-funded a $17.5 million insurance policy for its EOSDT token, insures EOSDT. Three public and reputable oracle providers feed prices to the EOSDT system every minute at least, providing reliable price feeds. The community has a say in setting global system parameters through decentralized governance.
Users can set collateral of their choice and raise EOSDT at a certain Annual Percentage Rate (APR), earning ~2.45% annual rate on locked EOS. The minimum collateralization for EOSDT is 130%, and the annual rate for staking is 2.4%. EOSDT is available on several exchanges and wallets, including HitBTC, Yolo, Bancor, Findex, Changelly, and Morecoin.
Equilibrium Lab, the service provider for EOSDT, is a software service with a consensus-based governance system. EOSDT and Native Utility Token (NUT) are not a security or a regulated instrument. The use of the Equilibrium-based products is subject to Terms of Use, and users must agree to these terms to access the site.