Reef Finance Announces Samecoin Is Coming To Reef Chain
Samecoin is a decentralized stablecoin protocol that allows the average person or business owner to perform seamless, digital payments. The protocol runs on its own utility token, SAME, and has a family of stablecoins including SameUSD (SUSD) and SameEuro.
Samecoin Finance carries the protocol’s stablecoins, while infrastructure contains SamePay, a non-custodial crypto wallet app with a social payments platform that makes trading, sending, and receiving crypto easy. Samecoin will be operated as a decentralized autonomous organization (DAO) using vSAME tokens for voting. As a result, Samecoin is governed entirely by the protocol’s community. Users will be able to mint Samecoin, SameUSD and SameEuro. Samecoin is already integrated with Binance Smart Chain (BSC) and Hoo Smart Chain (HSC).
About Samecoin
Samecoin stablecoins provide one thing that leading cryptos have failed to, flexibility. With SameUSD and SameEuro, the Samecoin Protocol fixes volatility issues, allowing businesses to accept crypto payments in online transactions. Samecoin’s SameUSD is backed by a reserve of several other stablecoins to guarantee its stability. The SamePay payment wallet is enhancing crypto adoption by simplifying online crypto payments for the ordinary user. Even better, the upcoming SameID user account technology will allow users to access their SamePay wallets with a single unique ID that can be used to login on multiple sites.
About Reef Finance
Reef Finance is building Reef Chain, a DeFi blockchain built using Substrate Framework. Reef Chain provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase. Our vision is to make DeFi easy for everyone to invest in and build DeFi applications on top of Reef Chain.
➡️Source:
https://medium.com/reef-finance/reef-finance-announces-samecoin-is-coming-to-reef-chain-eaaf2b12b97d
