Alternity CNY - Alternity aims to cater to users who value diversification
Alternity CNY
Alternity aims to cater to users who value diversification
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Hunter's comment
The protocol provide users with a stablecoin that is pegged to the Chinese Yuan, achieved by utilizing Ether as the required collateral. Loans are paid out in LCNY (a CNY pegged stablecoin) and need to maintain a minimum collateral ratio of 110%.
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