The War of Stablecoins. LibreBank vs. Havven

in #cryptocurrency6 years ago

Greetings, dear readers.

I didn’t mention pretty good project Havven to the list in my previous article “Stablecoins. The Future of Crypto”. So, I’m gonna compare it with my favorite LibreBank.

Both projects are similar in concept.

The Nomin token stability (nUSD) is provided by the holders of the Havven token. For its part, Havven holders receive bonus as a reward for the risk in nUSD, received as the commission from their transactions. This is somewhat similar to PoS — mining. Put very simply, there is a balance between supply and demand through smart contracts and system participants. In critical situations, when collateral assets will not be enough to ensure nUSD and the cost of Havven starts to fall sharply, the bonds (CDP) will go into circulation to reduce the money supply in circulation. In general, stablecoin is kept solely on crypto assets.

And the same cannot be said of LibreCash stablecoin, whose reserve fund, in addition to crypto-active assets and CDP, will include digitized assets of the real sector of the economy, which will further strengthen the stability of the entire system. In addition, LBRS shares holders can freeze their tokens in a DAO smart contract to make decisions in the management of the system and get bonuses for it in the form of accruals, which will create more decentralization, and in the future will not entail the collapse of the system due to the sale of shares of one a major investor.

I give my vote, regarding prospects for investment, to LibreBank because of the powerful leverage with the growth of the market index of the cryptocurrency and the lower risk due to diversification.


Read about LibreBank tokens (LBRS).
Read about LibreCash stablecoin.
Buy LibreBank tokens.

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