EURxb is a Euro based stablecoin that’s backed by bonds, overcollateralized, and utilizes both NFTs and DeFi technology to generate 7% annual yield for its token holders. This was created in a super regulated and formal manner to make it more enticing for institutional investors that want something reliable and enforceable. In this video, I will break down how it works, what type of stablecoin it is, how the bonds process works, how NFTs are utilized, why this is a new innovation in DeFi, and also the XBE governance token too! If you’re looking for more interested generating products in the crypto space, this should be something to check out. Especially since they are available on Uniswap and Balancer already for trading.
Disclosure: This is a sponsored intro video, we always disclose when our videos are sponsored as required by law. As always please do your own due diligence and research before diving into any product/service in the crypto space.
1:53 Types of Stablecoins
2:42 Which is EURxb?
3:03 Over-collateralized and interest-bearing
4:03 How does it work?
5:40 7% annual interest
6:21 XBE governance token
7:14 My final verdict
#EURxb #Stablecoin #Cryptocurrency #sponsored #XBE #Interest #Yield