The Precious Stablecoin
The 1st step to FxD is this...
Our goal is the FxD Platform/Stablecoin.
The FxD platform/token is a combination of several products/services.
To build it, we believe it is best to split-up up its parts, deploying them as we grow.
When done each, they will fuse as one, like Transformers, forming the ultimate "Crypto-Megatron."
DAI Fork Multi-Asset Collateral Pools of Precious Metals
This is being built now and will deploy asap.
The first collateral will be PAXG - the coin will be redeemable and 100% collateralized by PAXG (like DAI)
We will seek to add more tokenized, precious metals (and gems)
The FATE governance token will have the same function as MakerDAO's does in DAI.
We will add more features and ideally start using this for members' rewards asap.
1 BIG DIFFERENCE:
Better than other currency backed/based stablecoins:
This will not be pegged to any fiat (i.e. USDC) so it can act as an inflation hedge and be truly stable.
Please join our community social channels/media & become a DAO member. Find the DAO links you need to do so here.
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