Waves Enterprise (WEST) is a token of a hybrid blockchain platform that combines private and public networks and provides high throughput, scalability and privacy. Offers consulting, deployment and support services.

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⚖️ In this card, we’ll describe how EAST is ensuring its peg. The protocol has three different mechanics for it! https://t.co/cQlJAfreOf

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In this card, we'll describe how EAST is ensuring its peg.  The protocol has three different mechanics for it.

⚖️ In this card, we’ll describe how EAST is ensuring its peg. The protocol has three different mechanics for it!

📈 Changing the stability fee helps to balance the price. The fee grows if EAST < $1 so to motivate users to buy EAST rather than issue it, and vice versa.

📊 The stability fee fund is used to buy WEST at the market and accumulate it as a safety cushion for the protocol.

❗️In the future, we’ll implement USDT as a collateral option, with 100% BR necessary. Users will profit from selling EAST at a higher price! This option will be controlled manually by the protocol administrators.

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More news from the EAST.Finance project! Check out 3 different mechanics that ensure EAST peg!

More news from the EAST. Finance project. Check out 3 different mechanics that ensure EAST peg.

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