EtherealDAO's Novel Approach to Maintaining EUSD Synthetic Token
The innovative decentralized finance project, EtherealDAO, has a unique mission to ensure the upkeep of the EUSD synthetic token. The team behind EtherealDAO has developed a state-of-the-art peg-keeping mechanism along with an integrated automatic arbitrage system. This dual approach aims to offer stability and reliability to the EUSD synthetic token. More details about the mechanism and how it works can be found here.
Radix's Native Tokens and NFTs
Radix, a leading platform in the DeFi space, has introduced tokens and Non-Fungible Tokens (NFTs) that are native “physical” objects. These objects are designed with customizable, intuitive behavior, which is guaranteed by the Radix network. This design eliminates any surprising secret token behavior, mitigating a significant user experience issue in Web3 and DeFi. Further information on how Radix is addressing this issue can be found here.
Upcoming Radix Report
This coming Friday, on the Radix Report, AWS Web3 EMEA lead, Alex Matsuo will discuss several key topics including the Web3 investment landscape and collaboration within the Radix ecosystem. Additionally, Ociswap will provide an update on their recent activities and developments over the last few months. Interested parties can join the discussion here.