Cryptocurrency is a digital currency that has changed the way we handle money and the way we transact money. It is a new currency which has been making waves across the globe and I believe the entire world will adopt it soon. There are reasons why the innovation of cryptocurrency must hold.
- The cryptocurrency is a decentralized currency
- It is secured
- It is trustable
- No government policy or restriction
- Inflation does not affect cryptocurrency
- It can be process with intermediaries
The cryptocurrency is replacing the fiat currency, but its market is very volatile and flutuating. However, there are stable cryptocurrency that never depreciate; and I want to introduce one to all my fans today.
USDQ is a new stablecoin in the crytpo ecosystem, it is a cryptocurrency created to solve the challenges of market interaction and volatility which has been the customs of legacy currency. Again, many people were scare of investing in cryptocurrency because the price do go up and down unpredictable; but in order to address this kind of issue, a stablecoin called USDQ was created.
Why Must All Adopt USDQ Stablecoin?
While dealing with fiat currency, we do go to bank to create an account and deposit our money; but with USDQ, you don't undergo such stress. All you have to do is to open a digital wallet and all is set.
Transaction and processing is transparent, unlike the fiat currency that things are not shown to the users.
Processing USDQ does not require intermediaries or third party, so therefore commission and other fees will be minimal.
Individuals will be able to track and trace the path of the transaction they made in real life time.
The USDQ market will be stable and it won't be flutuated.
In USDQ platform, there is room to join the DAO community where you will be among people that
will be making decisions. The DAO community members can mint Q Dao token. This is an opportunity for you to earn enough cryptocurrency which will change your financial status.
USDQ price stabilization process
How is the ecosystem decentralization reached? By means of one more its element. These are Q Boxes who will provide the decisions based on mathematical algorithms on the need for crypto asset sale in case its price drops lower than the designated mark. At decision-making interaction of Q Boxes adjust human factor of influence on the ecosystem. The price in the contract is always supported at the level of 1 USD. While USDQ token cost in the secondary market can deviate $ USD 1 in the greater or lower side, the smart contract guarantees cost 1 USDQ = to $ USD 1. Therefore, if USDQ token price in the secondary market grows, traders have a chance to buy USDQ, using the smart contract, at one price and to sell them in the secondary market at the raised price. It leads to an increase in the number of USDQ in the market and, respectively, to dilution the price that returns it to a mark of $ USD 1.
In case USDQ price in the secondary market falls, everything occurs on the contrary, there is an opportunity to buy USDQ at the exchange cheaper and to sell to the smart contract more expensively that leads to burning of USDQ in the market and, respectively, to a price raising to a mark of $1.
How the system works
- Trade on exchanges
- Get a collateralized debt position
- Discover the Q BOX
The philosophy of USDQ is to create a truly decentralized stable asset.
- Decentralized. All decisions are made by the DAO community.
- Collateralized by crypto. No more mythical deposits on private bank accounts.
- Self-stabilizing. Always stable. The environment doesn't matter.
USDQ designed for everyone
- Trade it as a regular stable coin on the secondary market.
- Collateralize your crypto and get a simple stable trading asset. After the trading, just give it back and return your crypto.
- Join the Q Dao Community of Miners & Decision Makers!
The price in the contract is constantly held to the extent of 1 USD. In this case, the period as well as the price of the USDQ token in the re-auction can deviate from $ USD 1 to the significant or the smallest side, the smart contract provides the price of 1 USDQ = $ USD 1. For this reason, if the value of usdq tokens increases in re-trading, traders have the opportunity to purchase USDQ using a smart contract, according to one value and sell them in re-trading according to the caused value. This leads to an increase in the number of USDQ in trading and, in accordance with this, to dilution of the cost, which gives it to the evaluation of $ USD 1.
In the case if the cost USDQ in repeated bargaining is lowered, without exception, is done on the contrary, it is likely to purchase USDQ in the stock exchange more efficient and implement the smart contract is more expensive, what leads to burning USDQ in bargaining and in accordance with this, the increasing cost until a valuation of $1.
Sell USDQ smart contract will be possible only in this case, if the owner of a stable coin in the Deposit contains crypto assets. For this reason, in order to acquire income based on the usdq value difference, you will need to install a crypto asset.
At this price 1 USDQ in repeated bargaining constantly stabiliziruemost for the operations of traders and changes in the number USDQ staying in the rotation.
The second method of stabilizing the value of the USDQ token is also associated with Q boxes. F % secured scriptaction begin to be implemented if their cost of bargaining falls in E % up to this time, until the Deposit will not be will achieve the desired balance between the number of scriptactive and issued a stable coin (D) with the aim of providing value USDQ 1 = $1. In what location E, F, and D — the last rate defined by Q boxes and approved by the holders of the token management Q DAO. In case, if the cost of scriptaction, residing in the Deposit, is lowered until the threat assessment, computed before, in this case, scriptactive, residing in the Deposit, proceed to apply to close USDQ which will be burned instantly, what will be the equation of the cost of 1 USDQ to 1 USD.
Tokens to sell
Distribution of 51% of tokens (509999.49 Q DAO tokens)
For how long
distribution will be made in 10 Rounds. Round starts at 1st day every month. During 9 month will be distributed, 50000 Tokens and 59999.49 tokens will be distributed at 10th month
Where to buy
we distribute 30% tokens by IEO(all tokens are unlocked) and, 70% tokens by OTC desk (tokens are LOCKED. after 3 month of lockup tokens are unlocking by small portion every month)
More Information :
Website: https://usdq.platinum.fund/
Facebook: https://www.facebook.com/FundPlatinum
Twitter: https://twitter.com/platinumqdao
Telegram: https://t.me/PlatinumQeng
Bitcointalk: https://bitcointalk.org/index.php?topic=5139238.0
Whitepaper: https://usdq.platinum.fund/whitepaper
Meruem
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