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235 Review
478 Karma

Review on EOSDT by Ibrahim Sunday

Revainrating 5 out of 5

EOSDT review, 2020.

EOSDT. A lot of project are coming up everyday and more people are concerned which one is a scam or not. But EOSDT is legit!
It is a decentralized collateral backed stable coin, this uses an equilibrium logic where its price is always same with a dollar. Here, you stake your asset as collateral, mostly over. This is around 130%-150% and then you will receive your
When you self collateralize your asset, it raises EOSDT by 1.8% and then you earn at n anual rate 
EOSDT is also listed in wallets and exchanges such as EOSDAQ, Hitbtc, DEXEOS, coinbase and Houbi. This exchanges and wallet where the easiest way I was able to get my EOSDT the former is complicated, especially to newbies
EOSDT is on the EOS block chain and it is very similar to Bitcoin, Etherium and it worth investing on.



Pros
  • It is been enabled in wallets like Hitbtc and Huobi which makes it seems to have a bright future.
  • It is a decentralized network with an on chain logic, which makes it have a complex security system and making it to be more secured.
Cons
  • It is on a low key recently as it's not popular