USDQ is an ERC-20 decentralized stablecoin. By the nature of a decentralized stablecoin, it does not fluctuate up and down with larger fluctuations. The stabilization algorithm and the market itself will always keep prices stable.

Project Highlights

Decentralized Branch
All decisions are made by community operations. Totally democratic. No more centralized control. If the community supports your plan, you can change anything you see. You also have the right to vote! Everything will be decided by the community.

There will be no more mysterious deposits in private bank accounts secured by cryptocurrencies
Obvious transparency, you can track all transactions in real time, and specific stability is guaranteed by specific backed by encrypted assets.

Self-stable, always stable
Environmental conditions are not important. By the nature of a decentralized stablecoin, it does not fluctuate up and down with larger fluctuations. The stabilization algorithm and the market itself will always keep prices stable.

Project Ecosystem

Cryptocurrencies offer a wide range of benefits to users worldwide. However, the high volatility of its price hinders mass adoption. Users are reluctant to trade digital assets that can experience huge price changes within minutes. Even the most popular coins, such as Bitcoin and Ethereum, do not offer the stability of price movements, often seeing gains of 20%.

On the Q DAO platform, users can generate various stable coins, currently USDQ and KRWQ can be used. USDQ uses Bitcoin as collateral, i.e. in order to create USDQ users need to lock their Bitcoins in a smart contract. The price of the stablecoin is pegged to the U.S. dollar. Stablecoins are seen as an important enabler, paving the way for the mass adoption of DLT-powered digital currencies. Compared to other stablecoins on the market, USDQ is fully decentralized with all its components sitting on top of the blockchain. KRWQ (and other stablecoins planned for the future) behave in a similar way, but are pegged to their specific fiat currency (KRWQ is KRW). To simplify the description, we refer only to USDQ below, but readers should understand that the same applies to all other stablecoins such as currently available (KRWQ) and planned (CNYQ, JPYQ, etc.).

Anyone can buy and sell USDQ through exchanges, brokers or OTC transactions. It is an ERC20 token that brings convenient transfers without any restrictions. USDQ asset holders can earn additional profits, earn a savings rate, and accumulate their holdings.

Q DAO is a blockchain platform integrated with Ethereum smart contracts. It provides many enabling factors for the sustainability of the generated stablecoin, such as CDP (Collateralized Debt Position), automatic price adjustment process with feedback mechanism, and incentive system for external actors.

Anyone with Bitcoin can generate stablecoins (USDQ, KRWQ, etc.). Subsequently, these ERC-20 tokens can easily implement a wide range of functions, acting like other cryptocurrencies. The largest use cases include cross-border value transfers, payment for goods and services for receiving businesses, and long-term savings. Additionally, the stablecoin generation system lays the foundation for a highly convenient and robust margin trading platform.