What problem does this service solve?

BitBay's goal is to create a stable cryptocurrency that is not pegged to another asset.STASIS EURO powers the STASIS company's tokenization platform.

Token Stats

Company Description

BitBay is developing a decentralized marketplace based on a non-colateralized stablecoin. Unlike other stabelcoins, BitBay is stabilized with a dynamic peg that is meant to reduce volatility without anchoring the price to another asset. The network has a Proof-of-Stake (PoS) consensus mechanism.

STASIS EURO is an Ethereum-based stablecoin that is pegged to the Euro. Each STASIS EURO token is backed 1:1 with Euros held in a reserve account. The STASIS EURO was created by STASIS to power their tokenization platform. EURS can be issued in exchange for securities, which are purchased by STASIS’ liquidity providers. The EURS token is supported by an ecosystem of liquidity providers and exchanges.

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