PieDAO Launches USD++ to Reduce Risks With ‘Unstable-Coins’
PieDAO has launched USD++, a hedged basket of USD-denominated Ethereum (ETH)-based stablecoins. The decentralized organization is aiming to reduce the risks associated with holding stablecoins over the longer term and using decentralized finance (DeFi) protocols.
PieDAO USD++ contains four stablecoinswhich have been weighted in such a way as to minimize price volatility for holders. Weightings…
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