Officially issued Swiss franc pegged stablecoin $RCHF.
09 Jan 2023, 02:06
📌 Officially issued Swiss franc pegged stablecoin $RCHF
Based on Rizon Proposal #3 Issue $RCHF, the Swiss franc-based stablecoin $RCHF was issued.
1️⃣ $RCHF is a fiat currency-based collateralized stablecoin. It's issuance is adjusted based on the Swiss bank's reserves.
※ The issuance amount of $RCHF will be increased by additional reserve input depending on stability and market conditions after issuance.
2️⃣ In order to minimize the risk of price pegging, Rizon will continue to minimize the risk through partnership agreements with Swiss/European banks.
3️⃣ Along with 'Detion' using $RCHF, it will become the key currency of the ecosystem by supplying liquidity to Osmosis, the largest DEX in the Cosmos ecosystem.
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09 Jan 2023, 02:08
📌 Officially issued Swiss franc pegged stablecoin $RCHF
Based on Rizon Proposal #3 Issue $RCHF (https://t.co/YA5vttfFgW), the Swiss franc-based stablecoin $RCHF was issued.
Officially issued Swiss franc pegged stablecoin $RCHF.
📌 Officially issued Swiss franc pegged stablecoin $RCHF
Based on Rizon Proposal #3 Issue $RCHF (https://t.co/YA5vttfFgW), the Swiss franc-based stablecoin $RCHF was issued.