Algorithmic stablecoin USA announced that it will switch from Solana to Aptos for launch

[Algorithmic stablecoin USA announced to switch from Solana to Aptos for launch] On August 17th, Defi protocol Argo announced that its algorithmic stablecoin USA will switch from Solana to Aptos for launch, and will launch on the first day of the Aptos mainnet launch. Argo said Aptos runs on the Move VM, which makes it easier to write secure, auditable contracts.

Other news:

Derivatives trading platform SynFutures has reached cooperation with algorithmic stablecoin project Frax Finance: According to official news, decentralized derivatives trading platform SynFutures has reached a cooperation with decentralized stablecoin protocol Frax Finance. Frax will bring liquidity to its stablecoin trading pairs on SynFutures, provide SynFutures DEX users with more trading opportunities, and provide Frax users with a new platform to participate and trade FRAX.

Frax (FRAX) will be added to SynFutures V1 as a margin token to provide transaction mining opportunities for SynFutures users, initially a Polygon-based Matic-Frax pool will be launched. [2022/3/8 13:44:26]

Algorithmic stablecoins have an average increase of 0.47% today: Jinse Finance and Economics quotes show that algorithmic stablecoins have an average increase of 0.47% today. Among the 8 currencies, 3 rose and 5 fell, among which the leading currencies were: ONS (+14.85%) and BAC (+4.64%). The leading currencies are: FRAX (-3.98%), MITH (-3.72%), AMPL (-2.70%). [2021/5/18 22:15:45]

The ChainTank algorithm stablecoin has completed the smart contract code audit: According to official news, the full set of codes of the Huobi ecological chain algorithm stablecoin ChainTank has been open-source verified, and the blockchain security company Zhichuangyu has completed the smart contract audit and obtained a five-star security level.

The contract uses the Boardroom contract as an equity contract in Boardroom.sol, uses directors to store users, and mainly designs functions such as fund pledge, withdrawal and exit investment. There are a variety of financial forms such as cash and creditor's rights, etc. Contracts such as Bond and Cash are used as their related token issuance contracts, and Operators are used to manage corresponding behaviors such as minting coins and burning coins. Using Treasury as the treasury contract, a number of functions used by Operators are designed to set some fund addresses, such as Fund, oracle machine and other contract addresses.

The ChainTank protocol is a three-currency 4.0 algorithm stablecoin system. The 2021 and 2022 ecological roadmaps have also been announced. It is committed to realizing the most influential DeFi financial solutions and creating a decentralized digital financial TankBank. [2021/2/2 18:40:36]