- Launched in September 2023,EURO Token EUROT is an assetbacked token redeemable 1:1 for 1 euro. - Issued by Token Teknoloji Anonim Şirketi,this token is fully backed by euro on the blockchain at a 1:1 ratio and indexed to the price of EUR. - For every EUROT created,an equivalent amount of EUR is held as collateral in the companys reserves.EUROT provides a costeffective,fast and secure solution for global users,offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers,regardless of geographical boundaries. - Unlike fiat euro transaction limits in the market,there are no minimum transaction limits for EUROT.EUROT transactions are executed instantly and any amount of EUROT tokens can be converted to fiat currencies,ensuring quick and efficient transactions. - EUROT is created and runs on the Avalanche CChain and Polygon blockchain,and it is compatible with all blockchain wallets that support EVM. - It uses smart contracts to automatically manage the collateralization process.As the demand for EUROT tokens increases,Token Teknoloji Anonim Şirketi will add the equivalent amount of euros to its reserves for each EUROT token upon request from institutions wishing to meet their demand. - This ensures that the 1:1 ratio between euro and EUROT is maintained whilst keeping the market in balance between supply and demand.And a coin burn function is built into the blockchains #smart-contract to remove a predetermined amount of EUROT tokens from circulation when needed,ensuring a balance between EUROT and the euro. - Thanks to this mintandburn mechanism,the price of EUROT is always in equilibrium with the price of the euro..
Summary of the coin Token Teknoloji A.Ş. EURO
highest price statistics: 1.21 $USD
0 people have expressed their feelings
Like, love, care, laugh, wow, beard, angry
Study the exchange market information. Token Teknoloji A.Ş. EURO
{"commentics_url":"\/\/titdoi.com\/commentics\/comments\/","page_id":4514099,"enabled_country":false,"country_id":0,"enabled_state":false,"state_id":0,"enabled_upload":false,"maximum_upload_amount":3,"maximum_upload_size":5,"maximum_upload_total":5,"securimage":true,"securimage_url":"\/\/titdoi.com\/commentics\/comments\/3rdparty\/securimage\/securimage_show.php?namespace=cmtx_4514099","cmtx_wait_for_comment":"cmtx_wait_for_comment","lang_error_file_num":"A maximum of %d files are allowed to be uploaded","lang_error_file_size":"Please upload files no bigger than %.1f MB in size","lang_error_file_total":"The total size of all files must be less than %.1f MB","lang_error_file_type":"Only image file types are allowed to be uploaded","lang_text_loading":"'Loading","lang_placeholder_country":"Country","lang_placeholder_state":"State","lang_text_country_first":"Please select a country first","lang_button_submit":"add comment","lang_button_preview":"Preview","lang_button_remove":"delete","lang_button_processing":"please wait a moment..."}
Clicking Accept All Cookies By signing up, you agree to storing cookies on your device to improve site navigation. Analyze site usage and assist in our marketing
comment
comment