XDC Ecosystem Guide For EURS Users
Learn more about the opportunities for using EURS within the XDC (XinFin) blockchain network!
In the ever-changing cryptocurrency landscape, where market swings are often unpredictable and sometimes extreme, stablecoins play a crucial role in offering much-needed stability. STASIS EURO (EURS), a stablecoin pegged to the Euro, stands out as a reliable anchor in this turbulent environment. A few years ago, STASIS took a significant step forward by adding support for XinFin to gain global traction among crypto users and offer more cost-effective transaction options. For those within the XinFin and broader local ecosystems, integrating EURS into their digital asset portfolios could be a wise strategy. It not only provides protection against volatility but also ensures smoother, more stable transactions. What are you waiting for? Get EURS on XDC straight from the source!
The benefits of EURS on the XDC (XinFin) blockchain
XDC Network is an open-source, carbon-neutral, enterprise-grade, EVM-compatible, Layer 1 blockchain that has been operationally successful since 2019. The network obtains consensus via a specially delegated proof-of-stake (XDPoS) technique that allows for 2-second transaction times, near-zero gas expenses ($0.0001), over 2000 TPS, and interoperability with ISO 20022 financial messaging standards. The XDC Network powers a wide range of novel blockchain use cases, including trade finance, payment, and RWA tokenization, that are secure, scalable, and highly efficient.
This robust environment is ideal for stablecoins like EURS, which depend on fast and cost-effective transactions to maintain the stability and reliability of their fiat counterparts. XinFin’s unique architecture not only supports the core utility of EURS but also amplifies its potential as a practical medium for daily transactions, savings, and cross-border payments, all without the high overhead costs typically associated with traditional banking systems.
For users of the XinFin network, EURS presents a compelling value proposition:
- Volatility Shield: In a market characterized by frequent fluctuations, EURS serves as a stable store of value, safeguarding capital and providing predictability in financial planning.
- Efficient Transactions: XinFin’s low-cost, high-speed transaction capabilities allow users to send and receive EURS globally without incurring the hefty fees and delays often seen in traditional financial systems.
- DeFi and Beyond: Within the expanding decentralized finance (DeFi) ecosystem on XinFin, EURS functions as a stable currency for trading, lending, and other financial services, contributing to a healthier and more resilient economic environment.
- Swiss On/Off-ramping Rails: STASIS provides a regulated and trusted gateway for seamlessly entering and exiting the crypto space, ensuring compliance and security.
This guide offers a comprehensive overview of how to effectively utilize STASIS EURO on the XDC blockchain. From setting up and securing your digital wallet to engaging in advanced financial activities like trading and yield farming, it covers everything you need to know. Whether you’re an experienced trader or a newcomer to cryptocurrency, learning how to incorporate EURS into your financial strategy is essential for navigating the digital economy with confidence and security.
Unraveling the EURS Network on XinFin
Over the years, EURS has become a popular asset in the XinFin ecosystem. The STASIS team has forged strategic relations with prominent local projects to boost the EURS Netowork — an integrated ecosystem encompassing various crypto exchanges, financial services and platforms, and digital wallets. This hub is designed to provide users with a comprehensive suite of tools for managing and transacting in the EURS stablecoin. This integrated environment aims to enhance the practicality and usability of the EURS stablecoin for various financial transactions.
Let’s explore this further!
1.XSwap
The Xswap DeFi platform is one of the initial platforms that supported EURS on the XDC Network. This first AMM DEX & Launchpad on the XDC Network enjoys high demand and liquidity, and we’ve been happy to work with the Xswap team for the past two years.
2. Plugin
STASIS integrated Plugin Oracle to enhance the EURS trust & transparency factor on the XDC chain in early 2024. Plugin is a versatile, safe, scalable decentralized oracle explicitly tailored for the XDC. Plugin makes connecting to the external world a breeze and offers a robust Oracle system, ensuring tamper-proof data for advanced smart contract computations.
3.WeFi
We partnered with WeFi to expand EURS offering on the XDC network. WeFi is a decentralized protocol that opens up under collateralized borrowing and lending options in the DeFi space. The protocol introduces a novel approach to executing leverage trades, staking, and leverage farming at 80% less capital cost than other defi trading protocols. Through its platform, WeFi also alleviates common pain points like high funding rates, substantial slippage, and sudden liquidation events. Now users can lend STASIS EURO to earn yield and leverage trade EURS-WXDC up to 20x!
STASIS forged a partnership with Circularity Finance to enable a new EURS use case on the XDC Network! This innovative alliance aims to leverage the burgeoning Learn to Earn (L2E) model, offering a novel approach to fostering knowledge and action in the sphere of environmental sustainability. Circularity Finance is revolutionizing decentralized finance by integrating advanced Distributed Ledger Technology (DLT) to enhance security and capital management. It empowers communities with tools for creating custom tokens, NFT collections, airdrops, and staking opportunities, focusing on self-custody and smart contract automation. The platform offers solutions for impermanent loss protection, features Fully Homomorphic Encrypted Bridges for secure blockchain communication, and supports decentralized venture capital through the Interlock Ledger Platform.
The top euro stablecoin has scooped its way onto IceCream Swap, a one-stop DeFi solution with AI DEX aggregator and an intuitive UI to access efficient trading. This delicious new EURS listing means greater accessibility and liquidity in the XDC ecosystem. Dive into the creamy world of stablecoins and make your portfolio as cool as ice cream! By integrating EURS, IceCreamSwap enhances its platform, providing users with stable, efficient, and cost-effective trading options.
6. Fathom
STASIS partnered with Fathom Protocol to broaden the EURS stablecoin offerings within the XDC Network and transform the dynamics of the local fintech ecosystem. Fathom is an innovative project at the nexus of DeFi and Real-World Assets (RWA). This collaboration seeks to develop the EURS Network on XDC further, capitalize on the strengths of the premier euro stablecoin, and inject fresh energy and new financial possibilities into the local decentralized finance and RWA scene.
7. ComtechGold
STASIS entered a partnership with ComtechGold to pioneer the gold tokenization and trading on the XDC Network. Platform’s mission is to demystify and streamline the world of gold investment, maximizing the potential of your savings. The company introduced a gold token named ComTech Gold ($CGO). The platform will incorporate EURS to boost transparency and open a stream of clients from the Eurozone.
EURS has been officially listed on the OKX Web3 Wallet on ETH, Polygon, XDC, Stellar and Arbitrum networks! OKX Wallet is your all-in-one portal to Web3. Trade with 0 fees on our DEX, NFT Marketplace & earn a yield on DeFi with this self-custody crypto wallet.
We teamed up with DCENT to expand EURS adoption on the XDC Network. D’CENT Wallet was created by IoTrust, a company founded by security experts with over two decades of security know-how and engineering experience developing deeply embedded security solutions based on secure-chip technology (SE and TEE). D’CENT Wallet caters to the diverse needs of cryptocurrency users, prioritizing security and user experience. Users can choose the Biometric Wallet, Card type Wallet, or the free-to-use Software Wallet.
10. Tangem Wallet
Europe’s premier stablecoin is now fully integrated into the Tangem on Ethereum, Polygon and XDC networks. Tangem Wallet allows users to securely store and manage their digital currencies and assets. Slim as a bank card, secure as a bank vault. Enjoy secure, on-the-go transactions and join over 1 million users in the Tangem community. Experience the best digital currency management — secure, slim, and ready for the stable digital economy.
11.Bitmagno
EURS is listed on Bitmagno, a Chile-based cryptocurrency exchange that operates on the XDC chain. Check out EURS pairs at https://bitmagno.com/
12. YOUR PROJECT CAN BE HERE NEXT!
Let’s get in touch and discuss how we can benefit each other. We are happy to explore join collaboration points with you.
To be continued…
As we continue to expand our EURS Network, we’re excited to welcome more partners in the coming months. Keep an eye on this article, as we’ll update it with the latest collaborations and developments! We'd love to connect if you have any ideas or are interested in partnering with us. Feel free to reach out at pr@stasis.net!
