A short time ago, it came to the fore after receiving an “investment warning” in South Korea. waves (WAVES) altcoin Its developers have released a statement about the future of the ecosystem.
Waves Altcoin Developers Announce Roadmaps
The developers listed the developments that will take place in December as follows:
Decentralized stablecoin – Friday, December 16
Neutrino will announce and propose plans to move its decentralized stablecoin to full community ownership with the Neutrino 2.0 upgrade. The plan will outline the new direction for Neutrino to become a decentralized bank for the Waves ecosystem.
The community will decide how and when the stablecoin is issued, how the treasury is spent, and a new market maker bot will help peg the stablecoin against the dollar.
Neutrino USD, the stablecoin of the Waves ecosystem, had lost its peg to $1. USDN is trading at $ 0.76 at the time of this writing.
Decentralized bridges – Wednesday, December 21
We will announce the whitepaper for decentralized bridges. Existing bridges are centralized, which causes delays for users to withdraw funds from the Waves network to other blockchains. By decentralizing bridges, users will have full transparency over their operations and operations. They will also be able to vote to improve the way bridges work.
Fiat onramp and offramp – Coming soon
To provide the ALL infrastructure of a centralized exchange, users must be able to deposit and withdraw fiat. While the WX network already has a fully functional fiat port, direct bank account transfers and non-port features will be added later.
Fully functional decentralized management – Coming soon
Single token management systems are flawed, they allow power to be centralized and taken over by large entities. Waves Ecosystem is the ONLY blockchain that offers a solution to this in Power Protocol. This will give all Waves community members an equal say in the management of Waves ecosystem projects.
Over time, the most productive members will earn a larger share of POWER based on their supported offerings that help the ecosystem achieve its goal of maximum decentralization.
Cryptocurrency Launched in June 2016 following one of the industry’s leading initial coin offerings (ICOs), Waves initially aimed to improve blockchain platforms by increasing speed, utility, and user-friendliness.
*Not investment advice.
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