Today, we want to share with you some information about us and our goals.
EpoxyDAO is a decentralized finance platform (DeFi) built on Ethereum blockchain that lets anyone issue the stablecoin eUSD by collateralizing other stablecoins and earn EPX token. It is an open-source project and a Decentralized Autonomous Organization (DAO). EpoxyDAO uses two separate blockchains to achieve its goal; one is the Ethereum blockchain and the other one is the Epoxy Stablechain.
Most of the existing stablecoins are based on the Ethereum blockchain where the transaction fees are abruptly high and not efficient for micro-transactions. With a dedicated blockchain, eUSD will perform better than any other existing stablecoin for sure because it will provide instant transactions of fiat with almost 0 fee and high TPS.
When people will see the potential of eUSD, they will consider EpoxyDAO as a vault for all other existing stablecoins and have just eUSD. And when eUSD will turn into a giant, the governance token EPX will see significant demand from the people who want to be a part of the ecosystem.
We expect to capture $5B marketcap for eUSD within ~2 years.
The main purpose here is to have one standard stablecoin for everyone instead of a hundred various stablecoins and to have one e-currency for everyday use. Don't miss a chance to become a part of the system.
