#Crypto #stablecoins don't have to be pegged to $1. 00 USD.
14 May 2022, 02:46
🔥#Crypto #stablecoins don't have to be pegged to $1.00 USD!
Instead of backing a currency with gold/reserves we instead back it with on-chain proof of burn!
Currently 1.2m of $FLUX is backed by $1,610,000 of burned USD!
Controlling market inflation=ðŸ§