Edelcoin (EDLC) is a novel stablecoin token backed by a basket of pre-existing precious and base metals. This hybrid token is designed as a Swiss-compliant digital means of payment for goods and services, with its basket structured to be less volatile than single asset-backed tokens. ProBit Global is excited to announce that Edelcoin will be listed on its exchange, providing Edelcoin with a broader platform to reach a global audience and offering crypto enthusiasts an opportunity to participate in the growth of this digital asset.Edelcoin serves as an effective hedge against inflation, as it is backed by real-world assets and is not influenced by fiat money. Built on advanced blockchain technology, Edelcoin offers a decentralized platform resistant to censorship and provides unparalleled transparency. Each Edelcoin is backed by an over-collateralization of pre-existing metals, with reserves undergoing regular independent verification, evaluation, and disclosure.The Edelcoin token will initially be issued as an ERC-20 token on the Ethereum blockchain on the primary market, with plans for expansion to additional EVM-compatible chains. Edelcoin holders can actively engage with their tokens within the Edelverse and take advantage of various services, such as the lending protocol, liquidity pools, and opportunities at partner boutiques to purchase with EDLC real gold and or silver coins.Starting from today, users can trade Edelcoin (EDLC) on ProBit Global. The available trading pair will be EDLC/USDT. The listing will be accompanied by exciting marketing events, the first being Learn & Earn, an opportunity for ProBit Global users to get to grips with the project while earning free tokens through an interactive quiz. Other planned events include an airdrop and trading competition, giving users yet another chance to claim free EDLC tokens. Currently underway is a Buy/Deposit event, with 4,000 EDLC set aside for the top 40 participants who record the highest net purchase and net deposit volume of EDLC within the event duration. Edelcoin presents an opportunity to enhance portfolio diversification by allocating to a distinct asset class. A well-structured investment portfolio requires a balanced distribution across different asset classes, each with its own return profiles and correlations. Edelcoin serves as an effective tool to hedge market risks and reduce portfolio volatility.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Asia |
| Countries | |
| Sentiment | positive |
| Relevance Score | 8 |
| People | Vladimir Toporkov, Andreas Wiebe |
| Companies | Ethereum, Edelcoin, EVM-compatible chains, Buy/Deposit event, Learn & Earn,, ProBit Global Exchange, ProBit Global |
| Currencies | Ethereum, Tether, Redlight Chain, Bitcoin |
| Securities | None |
