Introducing the Cross USD Airdrop prize pool, the very first cross-chain algorithm stablecoin integrated on the HUOBI Eco Chain and Binance Smart Chain. This algorithmic stablecoin protocol dynamically adjusts the money supply to meet changes in money demand, similar to how central banks stabilize purchasing power. Cross USD (cUSD) is a stablecoin pegged to 1 US Dollar, designed for use as a medium of exchange. Cross USD Bonds (cUSDB) are minted and redeemed to incentivize changes in the supply of cUSD. Bonds can be purchased by cUSD holders, but are ideally bought when cUSD trades below $1. When the price is above $1, holders can exchange cUSDB for cUSD in the Cross USD Treasury, receiving a premium on their initial cUSDB purchase.
~$ 100,000 prize pool
Est. value
Other
Chain
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Claim time
About Cross USD
Participants who meet the eligibility criteria will receive cUSD tokens worth approximately $100,000. This distribution will take place on the HUOBI Eco Chain and Binance Smart Chain. The algorithmic stable coin protocol of Basis allows for the dynamic adjustment of the money supply in response to changes in demand. This protocol mimics the actions of central banks in buying and selling financial debt to stabilize purchasing power. The goal of this stablecoin protocol is to maintain a value pegged to the US Dollar and to be used as a medium of exchange.
Step-by-step guide
Start the Cross USD Airdrop Telegram Bot. Visit the CrossUSD s Website. Join CrossUSD on Telegram Group & Channel. Follow @CrossUsd on Twitter & Like and retweet the pinned tweet. Follow CrossUSD on Medium. Submit Your HECO wallet address and details to the Bot. Share your referral link. Cross USD will provide some whitelists for buying ICO to the Top 100 on the referral system.
Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).
Project links
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