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SameUSD vs EOSDT

Samecoin.com. Know how the SameUSD project aims to provide its users with various benefits of both fiat and digital currencies, while still ensuring a more stable USD value.<br><br>An ecosystem. A real one. Join Samecoin.com.

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SameUSD vs EOSDT

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  1. Why should you choose SameUSD over EOSDT? samecoin.com

  2. The main objective of every stablecoin in the crypto market today is to retain value, hence, promoting the idea of using cryptocurrency as a viable payment method. Flaws with these coins led to the introduction of more stablecoins with improvements for a better user experience EOSDT is one stablecoin that fairly delivers on this goal of digitizing the US dollar. Essentially, EOSDT core components work collaboratively to allow its users to generate EOSDT stablecoin, which is pegged to the US dollar. EOSDT didn't lead to optimum stability in price, which is almost a common issue with most stablecoins today. SameUSD is the first stablecoin in the Samecoin ecosystem that aims to disrupt the stablecoin industry by providing unique features. samecoin.com

  3. SameUSD vs. EOSDT - Technical Specifications The EOSDT framework uses a utility token known as NUT - short for Native Utility Token, an effective governance voting mechanism similar to the EOS forum contract. EOSDT is insured by the Equilibrium Stability Fund of 4,219,018.45 EOS, equivalent to approximately $25.1 million. samecoin.com

  4. On the contrary, SameUSD (SUSD) is a product of the Samecoin protocol. The technical approach used for the Samecoin stablecoins, including SUSD, ensures that their family of stablecoins are more stable, transparent, and offer low transaction costs. SameUSD operates on two blockchains, Ethereum and Binance Smart Chain. The supply of SUSD depends on the size of its reserve, meaning SameUSD can only be issued in accordance with the reserve. Speaking of the reserve, SameUSD and other stablecoins from the Samecoin ecosystem will be backed by a basket of other top stablecoins. samecoin.com

  5. SameUSD vs EOSDT - Reserve Comparison EOSDT stability is directly reliant on the supply of equivalent collateral at a minimum. Due to the constant fluctuations in the value of collateral, the dollar's value, a degree of volatility is inevitable for EOSDT. Although EOSDT is decentralized, which is a plus for it compared to USDT, its price still does +/-5 to the USD, which is a flaw with almost every other stablecoin in the crypto market today. samecoin.com

  6. Contrary to EOSDT's approach, SameUSD employs a much more superior mechanism that ensures more stability while ensuring transparency. SameUSD is a stablecoin backed by a basket of several stablecoins pegged to the US dollar. This entails that the coin has a verifiable reserve of stablecoins, which helps to insulate SameUSD against market volatility. samecoin.com

  7. Advantages of SameUSD over other US-Dollar backed Stablecoins • SUSD is meant to deliver a more stable USD value as a stablecoin. • The Samecoin ecosystem, powered by SamePay, will revolutionize online payments. • SameUSD promises to offer reduced transaction fees in the crypto world. • Users and HodLers who mint SameUSD and other Samecoin’s stablecoins will be rewarded with Samecoin utility tokens as a reward. samecoin.com

  8. Users can exchange Samecoin ($SAME) for any cryptocurrency or directly use Samecoin to pay for trading fees on the SamePay platform. Since SameUSD has the same value as the US dollar, users can experience standard transactions while also protecting themselves from the crazy market volatility in the crypto market. samecoin.com

  9. Conclusion Essentially, all stablecoins aim to achieve the same goal; stability. However, EOSDT, alongside other stablecoins, has not managed to address stability issues to the max. For this reason, SameUSD trumps these coins by offering the desired value to their clients without any blind spots.

  10. Join An Ecosystem. A Real One. samecoin.com facebook.com/SamecoinCom twitter.com/SamecoinCom t.me/Samecoin samecoin.com

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