Welcome to EURS V 2.0

Krypto Walker
STASIS Blog
Published in
2 min readMar 30, 2021

Meet the new version of the largest euro-backed stablecoin

Dear EURS users! We are thrilled to inform you that the EURS smart contract is expected to receive an upgrade on April 2nd— marking a new development milestone in the STASIS project. STASIS team is excited to outline that the smart contract was upgraded by ABDK — the company behind the audit of the V3 Uniswap which is the largest DeFi protocol nowadays.

High transaction fees are often a stumbling block for many projects in the cryptocurrency field; therefore, developing a solution to this problem has been a priority for us. The STASIS team opted to update the EURS smart contract because the largest euro-backed stablecoin has been gaining momentum and popularity in Decentralized Finance. Many EURS users have already leveraged the option to receive lucrative gains. Want to join the club? Check the guide to know how to capitalize on the crypto euro here.

Full EURS v 2.0 source code is available here: https://github.com/STASISNET/STASIS-EURS-token-smart-contract

Check out Ropsten implementation here:

https://ropsten.etherscan.io/address/0x6bc79e8aebaacf2c22126dcdc6a878d1afe8492d#code.

Smart-contract upgrade summary 2/04/2021:

1) Removal of one transfer event. It transferred the commission (parameter was set to zero) in favor of the fee collector when using the transfer(), transfersFrom(), and delegatedTransfer() methods;

2) Smart contract is implemented using the latest stable version of Solidity — 0.8.2;

3)After the upgrade, the cost of transactions in DeFi-services (https://uniswap.org, https://curve.fi, and other protocols supporting EURS)is reduced by 20% and the cost of transactions is reduced by 35%, depending on the implementation of the contracts of the services themselves.

Important!

The upgrade of the smart contract utilizes the proxy mechanism and does not change the basic parameters of the token (name, decimals). Nothing will change for users and counterparties in terms of the user journey. Interaction with the contract still occurs at the old address (0xdB25f211AB05b1c97D595516F45794528a807ad8). The settings of wallets (such as Metamask or others) do not need to be changed!

There is no reason to worry about possible troubleshooting since all the changes are performed automatically, and you won’t experience any problems associated with the upgrade.

Furthermore, CertiK has performed an audit of our enhanced smart-contract, and the statement will be publicly available online on 2/04/2021.

Meanwhile, the STASIS team is always eager to help our community and we are looking forward to your feedback! Please feel free to contact pr@stasis.net or visit our social channels like Telegram and Twitter.

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Krypto Walker
STASIS Blog

Spearheading crypto and beyond. Marketing supremacy and future-driven tech content production.