Description
50Cent (50C) is a stablecoin designed to be pegged to 50 cents, setting it apart from traditional stablecoins pegged to 1 dollar. The project features a dynamic supply adjustment mechanism, recalibrating every 6 hours to maintain the 50-cent peg. Market volatility is addressed by increasing, halting, or decreasing the total supply as needed to keep the price stable. This mechanism aims to offer a different stability model in a volatile environment, making 50C a potentially accessible and flexible option for various economic circumstances. For more information, visit https://50cent.network/.
50Cent (50C) is a stablecoin designed to be pegged to 50 cents, setting it apart from traditional stablecoins pegged to 1 dollar. The project features a dynamic supply adjustment mechanism, recalibrating every 6 hours to maintain the 50-cent peg. Market volatility is addressed by increasing, halting, or decreasing the total supply as needed to keep the price stable. This mechanism aims to offer a different stability model in a volatile environment, making 50C a potentially accessible and flexible option for various economic circumstances. For more information, visit https://50cent.network/.
