USDQ

Overview of USDQ

  • USDQ is backed by Bitcoin.The elegant system places all transactions on the the blockchain and empower users to execute cross border and disinter mediated transactions at any time and from any place.
  • USDQ will be a decentralized, self-regulating stablecoin backed by Bitcoin, which distinguish it from other stablecoins backed by fiat assets, which include Tether, Gemini, and others.
  • USDQ and KRWQ, for example, are excellent solutions that are completely transparent, auditable, and if that was not enough, fully backed by BTC deposits as collateral.
  • USDQ and KRWQ are definitely a tool that is essential for any crypto adopter or trader, I hope you get to use it if you still haven’t had a chance.
  • USDQ/KRWQ leverages a stack of novel technologies, among which are predictive capabilities, algorithmic stabilization, and community incentives.
  • USDQ price Index provides the latest USDQ price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
  • USDQ has a high potential to democratise transactions between companies and individuals globally, bringing fast execution and low volatility.
  • USDQ is a decentralized stable coin based on the ERC-20 standard and is backed by bitcoin and pegged to the dollar (1 USDQ = $1 USD).
  • USDQ holders can earn additional profits, receiving the Savings Rate, accruing on their holdings.
  • USDQ’s market cap currently sits at $ USD, holding up for a market cap rank at #4454.

    • Blockchain

    The other difference is that those systems are hinged on the validity of the statements issued by the companies’ teams and auditors who verify the fiat reserves, while USDQ tracks all transactions and collateral reserves on the blockchain.

    Mine

    In order to determine how viable USDQ will be in the future, we need to discuss the two tokens used within the ecosystem.

    Network

    First run in line of fiat-pegs, USDQ is brought by PLATINUM ENGINEERING Team, looking to edge together innovative solutions in collateralization, using stabilizing mechanisms and neural networks for high-endurance stablecoins.Fully on-chain and monitored by high-speed AI robots, ecosystem offers reliable defences against malicious acts and attacks.Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under USDQ brand.

    Support

    All described functionality in the article is still under development, it can be changed/processed.As a Blockchain Architect at PLATINUM ENGINEERING, Slava acts as a full-stack front-end developer.As of now, this rate is 166%.Author Name

     
     Because all operations begin with any user having to provide collateral which will be lower to the amount of USDQ stable coins received it creates a dissuasive control to prevent fraudulent transactions.Being an expert company on the market, PLATINUM ENGINEERING has already helped 150 crypto startups, enabling them to efficiently raise funds and introduce blockchains to their business models.But fluctuation also affects regular money as we know it.First, run in the line of fiat-pegs, USDQ is brought by PLATINUM ENGINEERING Team, looking to edge together innovative solutions in collateralization, using stabilizing mechanisms and oracles for the high-endurance stable coin.Fully anonymous, USDQ breaks limits out of this legacy world.Fully on-chain and monitored by high-speed AI robots, ecosystem offers reliable defenses against malicious acts and attacks.If we want cryptocurrencies to become the future of money it should solve the issue of volatility first.In this article, Slava Zheltov shares about USDQ, a unique decentralized stable coin that makes it easy to collateralize Bitcoin.Inside the workings of a Q DAO transaction.Introducing USDQ
    First and foremost, USDQ is a cryptocurrency stable token.It is more steady than most non-fiat currencies available on account of this mechanism of valuation.Like Tether [USDT].PLATINUM ENGINEERING is always happy to share its latest development and architecture solutions, helping stakeholders to spread improvements across crypto projects.Please follow the updates.Q DAO Projections
    The Q DAO tokens are actually indicative of another type of cryptocurrency that is completely governed by smart contracts and economic mechanisms to influence its valuation more effectively.Q DAO Regulations
    Since the entire operation has plenty of safety measures it is very self-regulated.Read this article and start learning about a decentralization wave, currently disrupting stable coin.Readers should conduct their own due diligence before using or investing in any of the listed Stablecoins.Step 1: Origin of the CDC smart contract and depositing collateral guarantees
    To use Q DAO tokens a user must first send a request to the USDQ platform which initiates the CDС and its respective smart contract.Step 2: Generation of USDQ Stable coins from the CDС smart contract.Step 3: User makes repayment of the generated debt.The collateral assets are locked after being deposited into the Q DAO smart contract platform and allows the owner to generate USDQ stable tokens in return while at the same time creating debt for the same owner.The ecosystem and economy of the Q DAO platform and USDQ Token directly links both of these to the amounts being used as guarantee or collaterals.The guarantee is always higher than the USDQ stable coins made available for the user as a safety measure.The platform also jots down the debt that is generated by this user which is the amount in need of repayment to unlock the collateral guarantee.The Q DAO platform, on the other hand, is a smart contract platform built on Ethereum.The smart contract mechanism used is referred to as Collateralized Debt Contract.The team welcomes readers to connect on Telegram, Facebook, or LinkedIn.The thought of your bitcoin and other cryptocurrencies fluctuating in value almost on a daily basis is a hard thing to accept.The USDQ Token is a proposal to stabilize crypto and transition it from being a speculative asset to a functional store-of-value.The user then executes another request or transaction to the platform to retrieve the USDQ that was generated on the first step.The value of the USDQ stable coin is linked to the Q DAO smart contract platform using the Collateralized Debt Contract [CDC].There is also an accrued interest fee that is meant to be paid which is accumulated daily.These tokens are the last component of the USDQ ecosystem and they are Ethereum based tokens whose main use is to carefully manage the operations of the fund via means of a Decentralized Autonomous Organization [DAO] system.This article represents the author’s opinions only and should not be considered investment advice.This cryptocurrency is supported by any Ethereum account and is also compatible by any smart contract developed to use the USDQ exchange function.This debt is necessary because it helps to maintain the collateral inside the smart contract until it is fully repaid by the amount of USDQ tokens it originally generated.This essentially means that its price is stabilized or “pegged” to the US Dollar.This includes voting rights and the capability of enforcing decisions based on majority rules.This is made possible by the smart contract platform.This last part is essential to the supply and demand of the Q DAO tokens.This means that anyone can choose to use their own assets, in this case, bitcoin [other top 10  crypto assets will be added in future], as collateral which works as a guarantee.This means that the Q DAO tokens generated initially are taken back and removed from circulation.This overview may not be fully exhaustive and does not assess the viability of any project, nor its team legitimacy.This, in turn, increases the value of Q DAO tokens.USDQ is a decentralized stable coin, which uses algorithms to offer higher stability and reliability.When more users request USDQ stable coins the total amount of Collateralized Debt Contacts [CDC] will increase along with it because it is the main way to obtain USDQ stable coins.When the repayment occurs then owners of the collateral can withdraw and receive their collateral back.When the user finally makes the repayment of the generated debt they gain full access to the locked collateral.Whenever a user wishes to mint USDQ, they will be asked to collateralize an amount in Bitcoin that is higher than the loan’s value.Where does the USDQ value originate from?With offices in Tokyo, Thailand, Russia, Belarus, and Korea, the team is always ready to have in-person meetings, focusing on how companies can leverage blockchain technology in order to meet their unique needs.Within his team, Slava is known for impeccable track record regarding security and reliability in projects, which he’s contributed to.You should keep an eye on what the future holds for this cryptocurrency as it aims to become a pioneer in the industry of stable coins and cryptocurrencies alike.

    Transactions

    In near future there will be more fully backed stable coins under Q DAO governance.It’s pegged to the value of USD,1 USDQ always equals 1 USD.USDQ introduced with full decentralization and predictive capabilities.USDQ is a decentralized stablecoin,which uses algorithms to offer higher stability and reliability.

    How can I calculate the amount of USDQ? / How do I convert my Ethereum to USDQ?

    You can calculate/convert USDQ from Ethereum to USDQ converter.Also, you can select other currencies from the drop-down list.

    Why do we need stablecoins anyway?

    Different assets produce varying levels of volatility in prices, when compared to each other.For instance, the purchasing capacity of US dollar has reduced over time with 1 USD from 1913 equaling 24 USD today (2019).This happens due to inflation 3-10% per year.

    Como comprar ou vender bitcoin?

    Existem duas formas de comprar ou vender bitcoin na Foxbit: Através do menu “Comprar/Vender” ou por meio do Livro de Ofertas.No menu comprar/vender você consegue de forma rápida e fácil adquirir os seus bitcoins.

    What are the benefits of QDAO DeFi to lenders?

    Growing program popularity creates great interest and grants stable interest rates with attractive lending conditions.

    Why choose QDAO DeFi?

    The program provides the most lucrative and profitable deposit and lending conditions while keeping the lowest possible rates for borrowers.

    How to find new cryptocurrency projects?

    One of the biggest challenges in the crypto space is to find the right projects at the right time.There are hundreds of projects launched…

    What are the problems that volatility creates?

    Cryptomarkets are moving toward creating the second financial system, featuring all those capabilities that the legacy finance institutions enable.Among these, lending is of particular importance.And lending doesn't win from volatility but only loses, because it's either lenders or borrowers that will lose from a change in prices for a crypto asset, which is used to execute the lending contract.Consequently, creating a stable crypto asset has become a top priority for the community with many experts believing that without it no adoption will occur.

    Como faço um depósito para minha conta?

    O primeiro passo para começar a negociar na Foxbit, é realizar o depósito em sua conta, depósito esse que pode ser em reais ou em cripto.Preparamos um passo a passo em como realizar depósitos em nossa plataforma de maneira simples e prática, não ocasionando nenhuma complicação.

    How secure is QDAO DeFi?

    Assets are stored on Cold Wallets with an absolute level of security.QDAO DeFi activity is legal and permitted through an EU license.

    Inside StableCoin Blockchain lab (Seoul – Tokyo – HongKong) by PLATINUM ENGINEERING: What is Q DAO and USDQ and How Does it Work?

    In this article, Jitendra Rathod talks about USDQ – a fully decentralized stablecoin that offers reliability and easy collateralization for Bitcoin.Working as a Managing Director at PLATINUM ENGINEERING, Jitendra collaborates within the huge team to develop hi-end solutions.including the full-cycle business models for crypto projects.Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under Q DAO ecosystem.He is amazed by how easy it is to use USDQ in order to obtain a Bitcoin-collateralized loan.In this article, he talks in-depth about the ways USDQ makes finance easier for anybody anywhere anytime.

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    How do USDQ and Q DAO coins work within the ecosystem?

    USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability.It’s backed by Bitcoin (another top 10 cryptocurrencies will be added in future).The elegant system places all transactions on the blockchain and empower users to execute cross-border and disintermediated transactions at any time and from any place.It’s pegged to the value of USD, i.e.1 USDQ always equals 1 USD.The ecosystem’s design borrows heavily from fractional banking systems.In the nutshell, USDQ is a customer-facing stablecoin and Q DAO is an internal “operational” coin; together they help create a stabilized safe haven for anybody who’s looking to hedge against rampant volatility of crypto markets.

    Would you like to have an ITIN assigned to your project?

    Our application process is straightforward.5 minutes is all we need from you to get started.Read more about ITINs below.

    What has been the Ethereum to USDQ trading volume in the last 24 hours?

    Relying on the table data, the Ethereum to USDQ exchange volume is $5 206 466,1125.

    What is the current ETH to USDQ exchange rate?

    Right now, the ETH/USDQ exchange rate is 3,282.86537826.

    Como recupero o 2FA?

    A Autenticação em 2 passos ou 2-factors authentication (2fa), é uma das principais formas de proteção da sua conta, com ela, um código de segurança é gerado e atualizado constantemente em seu smartphone, ele é inserido a cada tentativa de login em sua conta.Isso cria uma camada extra de segurança em sua conta.

    What do you think about the USDQ today?

    Let us know by clicking the given button.

    Quais são as taxas da Foxbit?

    As taxas da Foxbit estão entre as melhores do mercado brasileiro e o ponto de destaque é a liquidez que a plataforma oferece, além da velocidade de execução das ordens de compra e venda.Confira a seguir todas as informações sobre taxas da Foxbit.

    What is USDQ?

    USDQ is a decentralized stable coin, which is backed by bitcoin and pegged to the dollar, so 1 USDQ = $1 USD.

    What are Stable Coins?

    What are Stable Coins? USDT, TUSD, GUSD, USDC and USDQ In this article, Slava Mikhalkin talks about USDQ, a fully algorithmic stablecoin that offers reliability and easy collateralization for Bitcoin.Working as a Blockchain Architect with PLATINUM ENGINEERING, Slava collaborates within the +200-employee team to develop bleeding edge solutions in white-label wallets, STOs and IEOs fundraising platforms, and full-cycle business models for crypto projects.A key value proposition, brought by PLATINUM ENGINEERING, is a holistic approach, where a versatile talent pool helps startups build up capabilities in IT, marketing and legal.A unique decentralized stablecoin USDQ features various price stabilization algorithms, an intricate system of incentives for traders and AI-driven predictive analytics module.This novel stablecoin is worth noting while it’s still gathering steam.Foreword It's clear that cryptocurrencies are gradually making inroads into the global economy, moving closer to mass adoption.Cryptocurrencies offer a number of advantages – decentralization and trust, lower commissions and disintermediation – that make it easier for users to carry out their daily transactions.Anybody can transfer value around the globe, winning from fast processing time.In comparison, sending value across borders via legacy financial systems requires lengthy waiting periods and fees, while also making users stuck into highly complex processes.For instance, if a person from Japan wants to send some money to England, the fees can range anywhere from 5% up to 10%, depending on the system being used.In addition, there will be some currency conversion fees.It seems that centralized players, currently enjoying lack of competition, set up fees and commissions just as they wish.And it's merchants that carry out cross-border transactions that find working with legacy finance institutions most troublesome.They keep losing hefty chunks from their potential profits, just paying out fees to payment processors.This makes businesses hike up their prices, passing these expenses to ordinary consumers.Crypto offers a paradigm shift change, bringing to the table lightning speeds and lower fees.Although cryptocurrencies have been winning more and more attention from merchants worldwide, there's still a number of roadblocks to wider adoption, among which are price volatility, scalability limitations and others.Volatility is admittedly the biggest hurdle that prevents businesses from using cryptocurrencies more.Bitcoin can experience huge fluctuations in just a matter of hours or even minutes.In addition, major coins like Bitcoin and Ethereum present scalability issues, which results in high processing time.A merchant, who has to handle hundreds of payments on a daily basis, would not be able to conduct their business efficiently if transactions get stuck for days on end.On top of that, it's extremely hard for adopters to convert cryptocurrencies into fiat via the banks and other financial agents they usually work with.Cryptocurrencies seek to offer solutions to all of these issues.What is stablecoin? A stablecoin is a cryptocurrency, whose architecture enables its price to always equal the price of another asset.Most of the stablecoins are pegged to USD.The biggest names in cryptocurrencies are Tether, Gemini Dollar, USDQ, TUSD and others.How do stablecoins manage to be so stable? As opposed to other coins that float freely, stable cryptocurrencies require that each unit is backed with a unit of the fiat currency.For instance, Tether (USDT) pegs 1 USDT to 1 USD on the one-to-one basis.In this way, stablecoins are somewhere between cryptocurrencies and regular fiats.Tether is based on its own blockchain that is built on top of Bitcoin, Litecoin and Ethereum systems.Although Tether is the biggest stablecoin, there's a number of concerns as to its operations.The biggest one is the continuing controversy as to the fiat reserves, which the issuer is supposed to store on the one-to-one ratio to the number of issued Tether units.The company has been saying that the audit will be done in the near future, but just several weeks ago it started to claim that it's not only the cash, but also loans to other companies that can be recorded as fiat reserves.These statements resulted in growing distrust among crypto enthusiasts.Another project is TrueUSD (TUSD).It also pegs to USD.The difference with Tether is the openness to audits and transparency.The company is open to third-party audits, it publishes the duly verified reports on the fiat reserves it holds.In addition, users enjoy legal protections.USDC is another stablecoin that was created by the famous cryptocurrency exchange Circle.Just as TUSD, if offers regulatory compliance and transparency.The big problem about all these systems is the fact that they enable authorities to seize users’ funds, which completely negates the very idea of decentralization and anti-censorship, on which crypto is built.USDQ is different from other stablecoins as it's not backed by the fiat currency, but by Bitcoin and other top-10 cryptocurrencies in the future.This enables the ecosystem to avoid dealing with legacy financial systems.Through the overcollateralization process, USDQ turns highly volatile cryptocurrencies into the USD-pegged USDQ that is perfect for storing value and processing transactions in the external economy without any risk of price changes.The coin is being developed by PLATINUM ENGINEERING with the small community slowly growing around the project.

    What assets are available now?

    Users can choose from 17 highly-demanded cryptocurrencies, including BTC, ETH, USDT, etc.Tokenized stocks will be added in the near future.

    What is QDAO DeFi?

    QDAO DeFi supports smart investments in liquid cryptocurrencies, instant fiat loans and deposits with the highest interest rates.

    History of USDQ