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Danchor

Danchor Dapps

Danchor is a decentralized mortgage-based stable coin project based on EOS, which supports users to mortgage EOS to issue a stable coin USN (1: 1 anchored USD). Through the risk control mechanism of excess mortgage and liquidation of liquidation, the system effectively avoids market fluctuations and ensures that there are sufficient collateral to provide value support for each USN. Decentralized operation based on smart contracts, information is open and transparent, and data can be checked in real time on the chain. Mortgage issuance of USN can meet the needs of various financial transactions such as leveraged transactions and obtaining liquid funds. 

Related Dapps

Decentralized applications (dApps) are digital applications or programs that reside and execute on a blockchain or peer-to-peer network of computers rather than a single computer and are independent of any single authority's control. At Cryptoknowmics, you will get all the information you need to know about Dapps and their use cases.

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