Topic: EURXB Connecting Traditional Markets to DeFi - page 5. (Read 1012 times)

In this project, in addition to functions with passive income and technologies, I like the fact that you immediately began to actively engage with your social networks, many projects are lazy about this and wonder why they have few people in the project

Fiat Or Secured Bonds — Searching For The Most Reliable Collateral

We have already mentioned how EURxb is different from other stablecoins, but today we would like to talk about stable coin backing — which is safer, fiat collateral or secured bonds?

What do you really need in collateral when picking a stable coin? Sure, cash in an account sounds good — but with negative interest rates coming around the world this may soon become a problem for stablecoins using that as collateral! Also, it is really hard to truly verify fiat cash in a bank account. And another important point: fiat money can be used as a surety for a loan that stablecoin holders cant even see — meaning the money may be there but it might not really be available to you when you need it.

Now, when a stablecoin is backed by secured bonds, it’s a completely different story. All such reserves are verifiable and go with all the necessary legal papers. Secured bonds pledged for issuing stablecoins are used EXCLUSIVELY for stablecoins, and this allows stablecoin holders to profit. This is similar to bank deposits, where banks put the money you deposit to use, splitting the profits from secured bonds between themselves and you.

So why should you share your profits if you can have it all with the EURxb token?

You may need to participate in a corporate governance contract in order to receive your share of the royalties.

You could find it on the website too, here it is: https://github.com/EURxbfinance

Hi guys, I'm wondering, will I be able to earn interest from my Eurxb while I'm providing liquidity to uniswap?

Interesting that EURxb vault gives 5% APY in addition to the passive 7% per annum yield of each EURxb token. All above the 5% APY is distributed to the holders

What is the most significant advantage of EURxb over existing stablecoins?
I'm sure a lot of people are looking forward to this.

Do you have a GitHub page? If there is, discard the link

Yeah, but we probably have to wait until the vaults and people can see the real value.

Nordic Trustee as the independent bond agent must give their approval before MIRIS could issue the bond - which they did for the first 100m eur of bonds, and that’s why we were able to tokenised these assets and bonds. NT Services don’t work for MIRIS, rather they work on behalf of the bondholders in order to ensure that the investment is managed according to the terms of the bond agreement - which pledges these verified assets as security collateral.

Institutional vaults are not open to community investors - and their returns are capped at 5% APY daily. Retail / community vaults are uncapped and open to community investors.  Both vaults will likely utilise the same yield strategies to start with.

Dematerialisation To Tokenisation By EURxrb

Want to learn more about our vision of the cryptocurrency market as a whole and its DeFi sector in particular? We believe that now is the time for unconventional solutions, and we are striving to transform the modern cryptocurrency market.

Wouldn’t you agree that it takes a different perspective to design a stablecoin that pays interest by drawing returns from traditional markets into DeFi, and simultaneously opens up DeFi yields to traditional investors?

🔺 To learn more about it, read about "Demateralisation to Tokenisation" at https://eurxb.finance/position-paper

Hi, how many xbe we need to hold to take part in governance vote?

I came across a similar question in the telegram, the admin replied: The first EURxb institutional vault is a unique product spearheaded by the EURxb team in which it allows for transparent and regulated access of institutional funds to the world of decentralised finance with an expectation of only 5% APY (in addition to the passive 7% per annum yield of each EURxb token). Any surplus above the 5% APY is distributed to the holders of the protocol’s governance token XBE.

Institutions Set Their Eyes On DeFi

🔸 According to a recent poll carried out by Fidelity Asset Management, 80% of businesses believe investing in digital assets is an attractive option. This is impressive because just a couple of years ago most businesses viewed cryptocurrencies as fraud!

🔸 Nowadays a lot of companies are looking into the DeFi market, and yet they are held back by lack of clear regulation in the decentralized space. Nonetheless, institutional investors are very important for the cryptocurrency and DeFi markets. They help them mature, making them more efficient. For example, when a coin is undervalued, they use the opportunity and bring the price up to more fair levels, or push it down when the coin is overvalued. In some sense, this is a win-win for everybody.

🔸 Institutional investors are seasoned players with vast experience on the financial market. They masterfully protect their downside while maximizing gains. The effect this has on the market is positive in that volatility is reduced, and liquidity is increased. With that said, institutions are still looking for the most frictionless and reliable ways of entering cryptocurrency and DeFi. EURxrb grants exactly that opportunity, allowing users to maintain profitability and protect from downside risks.

🔸 EURxb token is a stablecoin that is pegged to the euro, completely transparent, and capable of yielding 7% APY profits by simply holding it in your wallet. Token is collateralized by tokenised ISIN registered securities (minted in accordance with the EURxb protocol), the reserves have also been proven — they are legally bound and pledged through the creation of bonds in the security market, ensuring the protocol’s legitimate and actionable rights to these real-world assets, just like in any other regulated financial system.

🔸 This way EURxrb combines the advantages of traditional finance with digital assets, spurring the DeFi market development.

Hello everyone, I see that an interesting conversation has already begun here, I would also like to know something, what is the difference between institutional and retail EURxb vaults?

Of course, they will cooperate, but this is a new project, so you shouldn't rush with it, they must have already foreseen it

How do we know that you have actual assets tied to this euro-based EURxb stablecoin? Remember, last 2019, USDT admitted they were not fully backed by USD assets. Now, what is the assurance that you are backed by EURO assets? Is there some third party auditor that can attest the existence of your assets?

The returns aren't based on what lenders are willing to pay in interest rates.  That is a very small part - DeFi right now is fuelled by the incentive programs for liquidity providers - meaning projects share their own token with investors who put liqudiity into their project.  Then the project's own token becomes more valuable, and when the liqiudity providers that earned those tokens sell them they make a much greater profit.  APY's over 10% per year are 100% based on the value of the value of those extra reward tokens for example.

Then there are much more complex things that can be done to amplify profits like leveraged based arbitrage trading where the platform loans 100x more than the value of your deposited coins and uses this massive amount of value to make 0.2 and 0.3% profit balancing stablecoins (when DAI is 0.98c you buy DAI, when it becomes 1.01USD you sell it, etc) and because it is done with 100x your capital it makes 20% and 30% profit.

Can I start thinking about a listing for this project?

Have a nice day guys! Do you have any farming options for the community?