Stable Coin

We are pleased to announce our new partnership with GeroWallet, a cryptocurrency wallet extension for accessing Cardano powered dApps in your browser. Along with GeroWallet, we are exploring ways to allow their users to interact with dApps, borrow and lend against Djed, and make payments with Djed. Besides the integration…

The WXT/NXUSD Liquidity Pool (LP) is the fundamental element of the Nereus and WXT ecosystem. It has become the most liquid decentralised market for WXT and will serve as the means of access for WXT holders to the highly capital efficient and fully collateralized Stablecoin NXUSD. Additionally, the WXT/NXUSD will…

UST and Terra (LUNA) crashed this past week triggering a cascade of liquidations and fear throughout crypto markets. People have asked if Origin Dollar (OUSD) could crash in a similar way, and the answer is a resounding no. There was never any collateral backing UST. Minting new UST requires LUNA…

You might have noticed an unexpected change in staking APYs across the entire DeFi ecosystem, which is also affecting the yield returns of our products, including (3,3) staking, 5 day ROI, Accelerated Staking and also the 30 days ROI. In this article, we explain how the change in APYs is…

“…Long story short, the approach came because their users were asking them to use Reserve.” — Business development manager Alvaro on working with Mercado Libre. “The space needs to be honest and critical if we are creating something that can get big and hurt so many people.” — Reserve CEO…

Short answer: no In times of market downturns, some assets slump, but others absolutely collapse. What causes that difference — and which way would Nirvana go? In what follows, I’ll take Terra as a case-study for a collapse-prone protocol. …

DigitalDollar is the only stablecoin that has 100% real USD cash backing. Every single DigitalDollar has a USD cash(1:1) held in treasury and you can easily verify this on-chain — All other leading capitalized stablecoins including Tether — $76b Coinbase — $51b Binance-$18b use a mix of complex collaterals, assets, cash, commercial papers, debt, and algorithms to back their stablecoin token. Any token meant to represent real money, but not 100% backed by an equivalent of the real money in…