Maker Token vs STASIS EURO vs bitCNY
What problem does this service solve?
The Maker token is the native token of the MakerDAO platform. Its purpose is to help govern and stabilize the DAI stablecoin project. | STASIS EURO powers the STASIS company's tokenization platform. | bitCNY is intended to serve as financial tool that will help stabilize the price of BTS relative to the Chinese Yuan. |
Token Stats
Company Description
The Maker token (MKR) is the MakerDAO native token. It acts as a utility token, governance token and a recapitalization tool for the MakerDAO platform, which manages the DAI stablecoin. MKR is used as part of the stabilizing mechanism that is in place to combat the price volatility of the DAI stablecoin. | 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. | bitCNY is a decentralized stablecoin that is pegged to the Chinese Yuan. It is based on the BitShares blockchain and has a Delegated Proof-of-Stake (dPoS) consensus mechanism. As a market pegged asset, the bitCNY token represents the amount of BitShares (BTS) that are equivalent to one Chinese Yuan. |