Posted on Medium on the 13th of February, 2019 Serenus Coin doesn’t get off-chain access to ETH/USD prices. How then does it maintain a stable peg to the US dollar? Active on-chain swap markets now exist in multiple stable coin denominations. The market cap of coins like MakerDAO’s Dai, Centre’s USDC, Paxos, True USD and so on — all ERC20 tokens — collectively run into the hundreds of millions.
An oracle update
An oracle update
An oracle update
Posted on Medium on the 13th of February, 2019 Serenus Coin doesn’t get off-chain access to ETH/USD prices. How then does it maintain a stable peg to the US dollar? Active on-chain swap markets now exist in multiple stable coin denominations. The market cap of coins like MakerDAO’s Dai, Centre’s USDC, Paxos, True USD and so on — all ERC20 tokens — collectively run into the hundreds of millions.