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What is EUZ (What is EUR)?

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What is EUZ? According to official sources, EUZ is a decentralized autonomous or

What is EUZ (What is EUR)?

What is EUZ? According to official sources, EUZ is a decentralized autonomous organization (DAO) based on Ethereum, aiming to solve various challenges in the current DeFi sector.

According to public information, Euz is a community governance token developed by the ECorner Foundation. As one of the core components of the EOS ecosystem, EcornerDAO will issue ERC20 and smart contract tokens and use blockchain technology to support various DAPPs on its network.

At the same time, it also provides funds for all participants by creating a unified and fully community-managed network, making the overall system’s liquidity more secure and efficient.

In addition, EUND will cooperate with other projects to launch its own NFT platform, including Opensea and Rarible, etc.

What is EUR?

According to CoinDesk, the Euro is one of the most liquid payment systems in the current cryptocurrency market. Its main advantage is that it can be used for various transactions, including on the Ethereum network, and provide funds for the entire DeFi ecosystem.

Reportedly, the Euro’s value storage protocol EURI supports various assets such as Bitcoin, stablecoins, and decentralized finance. According to the report, EURI aims to enable people to transfer or exchange tokens securely without the influence of intermediaries such as banks. “When you use the Euro, you can make purchases with one currency.” Furthermore, due to the lack of support from central banks, this approach cannot achieve “transparent” price discovery.

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