While the market goes through its ups and downs, the crypto spring brings us it’s first sprouts. We are glad to support new asset EOSDT by Equilibrium — a first EOS-based stablecoin listed on Changelly. Now our users can seamlessly swap or buy EOSDT at Changelly.com and across various Changelly partners.
What is EOSDT?
EOSDT is a stablecoin pegged to the US dollar. It maintains an over-collateralization rate of 170% using algorithms enforced by smart contracts. Anyone can use the Equilibrium framework to collateralize their digital assets and generate EOSDT stablecoins. According to the statistics displayed on website Block.io that there’s more than 2.7 million EOS tokens locked in as collateral on its platform, a figure that exceeds $21.1 million of value.
Equilibrium CEO Alex Melikhov commented on the partnership with Changelly:
“We are looking forward to working with Changelly to provide it to our growing community, as well as the EOS ecosystem in general. This listing means EOSDT will be instantly tradeable against more than 140 crypto assets, unlocking additional use cases and opportunities for EOSDT holders and Changelly users.”
“We are proud to collaborate with Equilibrium and welcome their EOSDT decentralized stablecoin to our service. This kind of project aligns with our goals to accelerate the mass adoption of crypto, which makes it a perfect fit for Changelly.”