Review on EOSDT by JB CRYPTO
EOSDT stable financial services
Due to the growing number of tools that decentralized finance platforms provide every day, we see how these applications are rapidly displacing conventional markets. And it is that decentralized finance solutions continue in constant innovation to provide their users with solutions according to their requirements. Such is the case with EOSDT.
EOSDT is a multifunctional platform that is part of a comprehensive ecosystem that aims to develop decentralized markets for digital assets, whose issuance is guaranteed by cryptocurrencies and have a value anchored to a stable asset.
EOSDT, more than a cryptocurrency, is a free and open source market that allows the design of stable monetary systems linked in value to the dollar exchange rate in an equal ratio of 1: 1.
EOSDT, being a stable currency, minimizes the risks of losses for its investors by counteracting the volatility of the exchange market for crypto assets.
To achieve this challenge, EOSDT relies on the technology offered by smart contracts and blockchain security.
The generation of EOSDT coins takes place in the EOS ecosystem.
The issuance of the EOSDT cryptocurrency is carried out in a totally secure way because they use the digital assets of the holder as a guarantee of their issuance. Due to this, the holders of the EOSDT token can request loans or become lenders in exchange for generating income from yields or from the collection of financing interests.
In this sense, we can highlight two great advantages that EOSDT offers:
• Protects our assets from the volatility of the crypto market
• It serves to obtain financing and generate passive income
Due to these and all the characteristics offered by this multifunctional platform, it should be considered among the priorities when requiring reliable, profitable and decentralized financial services.
Pros
- It is a digital asset of stable value
- It is a decentralized protocol
- It allows creating tokens linked to a stable currency
Cons
- No downsides
