PegNet Launches Mobile Wallet for Android


The fully-decentralized community of stablecoins, PegNet, declares the launch of the primary cellular pockets for Android customers to simply convert pegged asset tokens.

PegNet pockets hosts 42 steady pegged asset tokens of the highest fiats, cryptocurrencies, and commodities gold and silverPegNet is the primary proof-of-work oracle-based stablecoin community for DeFiFixed $0.001 price for all transactions and conversions throughout the PegNet system

PegNet neighborhood launches the primary cellular pockets for customers on the android app retailer. Cryptocurrency customers now have the power to transform pegged steady asset tokens and the native PEG token simpler than ever and for subsequent to no price.

The decentralized stablecoin community is totally community-built, first launching fair-start proof-of-work CPU mining in August of final yr with transactions and conversions going dwell in October. In lower than one yr, the PegNet neighborhood has developed a strong mining and buying and selling neighborhood, earned listings onto a number of exchanges together with IDEX and US-based qTrade trade, and extra commonly sees new integrations and collaborations with different DeFi communities and initiatives. Final week, PegNet introduced its mutually-beneficial integration with Chainlink, making it the primary POW oracle supply for Chainlink.

With the elevated demand for stablecoins prior to now yr mixed with the latest draft ideas from the FSB for classifying and regulating stablecoins worldwide, the PegNet neighborhood believes timing is ripe for a fully-decentralized choice reminiscent of PegNet for cryptocurrency merchants and customers. PegNet combines the very best rules from the decentralized cryptocurrency, Bitcoin, with the very best traits of centralized stablecoins to create a first-of-its-kind DeFi answer constructed by the individuals, for the individuals.Neighborhood member and miner, David Johnston is enthusiastic concerning the latest PegNet developments saying, “It’s by no means been simpler to maneuver between totally different property. With this one cellular pockets now you can convert between crypto, stablecoins, & Gold and Silver with the push of a button.”

About PegNet

PegNet is an open-source, community-built and oracle based mostly stablecoin community for DeFi. A novel innovation that synthetically tokenizes fiat currencies, crypto property, and commodities. Powered by the Ethereum and Factom protocols, PegNet presents frictionless motion between any of the 46 property comprised of the highest fiat currencies, cryptocurrencies, commodities gold and silver, and the native PEG token in a community that’s fully-decentralized, open-source, fully-auditable, trustless and CPU-mineable. PegNet depends on POW miners to report oracle worth document information and doesn’t expose customers to any of the collateral or reserve-based dangers.

PegNet is a fair-start POW challenge because the genesis block by no means having had an ICO, IEO, Airdrop, Founder, Founder’s reward, Fund, Basis, or pre-mine occasion. To hitch the neighborhood dialog, go to pegnet.org/chat.

Media Contact

Kaitie Zhee

[email protected]



Source link

Comments are closed.

bitcoin
Bitcoin (BTC) $ 24,067.45
ethereum
Ethereum (ETH) $ 1,881.90
tether
Tether (USDT) $ 1.00
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 317.31
cardano
Cardano (ADA) $ 0.555895
xrp
XRP (XRP) $ 0.372449
binance-usd
Binance USD (BUSD) $ 0.999868
solana
Solana (SOL) $ 43.35
dogecoin
Dogecoin (DOGE) $ 0.079472
polkadot
Polkadot (DOT) $ 8.78
shiba-inu
Shiba Inu (SHIB) $ 0.000016
avalanche-2
Avalanche (AVAX) $ 27.76
staked-ether
Lido Staked Ether (STETH) $ 1,834.49
matic-network
Polygon (MATIC) $ 0.954335
dai
Dai (DAI) $ 1.00
tron
TRON (TRX) $ 0.069005
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 24,041.44
ethereum-classic
Ethereum Classic (ETC) $ 41.20
okb
OKB (OKB) $ 21.30
leo-token
LEO Token (LEO) $ 5.37
litecoin
Litecoin (LTC) $ 60.57
ftx-token
FTX (FTT) $ 30.73
near
NEAR Protocol (NEAR) $ 5.37
chainlink
Chainlink (LINK) $ 8.64
crypto-com-chain
Cronos (CRO) $ 0.151506
uniswap
Uniswap (UNI) $ 8.41
cosmos
Cosmos Hub (ATOM) $ 11.39
stellar
Stellar (XLM) $ 0.122512
monero
Monero (XMR) $ 164.69
flow
Flow (FLOW) $ 2.71
bitcoin-cash
Bitcoin Cash (BCH) $ 136.50
aerarium-fi
Aerarium Fi (AERA) $ 7.12
algorand
Algorand (ALGO) $ 0.357339
vechain
VeChain (VET) $ 0.031253
filecoin
Filecoin (FIL) $ 8.27
internet-computer
Internet Computer (ICP) $ 7.71
apecoin
ApeCoin (APE) $ 6.24
decentraland
Decentraland (MANA) $ 1.04
the-sandbox
The Sandbox (SAND) $ 1.31
chain-2
Chain (XCN) $ 0.084216
hedera-hashgraph
Hedera (HBAR) $ 0.077695
axie-infinity
Axie Infinity (AXS) $ 18.32
tezos
Tezos (XTZ) $ 1.80
lido-dao
Lido DAO (LDO) $ 2.69
quant-network
Quant (QNT) $ 114.01
aave
Aave (AAVE) $ 109.73
theta-token
Theta Network (THETA) $ 1.49
frax
Frax (FRAX) $ 0.998939
elrond-erd-2
Elrond (EGLD) $ 60.62
Shares