On 31-October, the following tokens will be integrated into the Dice platform:
USDT EOSDT VIG SOV
All wagers with these tokens will receive an additional
10% speed boost for the first week after they have been added!
(SOV was previously listed on 25-Oct; speed boost will also begin on 31-Oct)
About USDT (Tether):
By bringing Tether to EOSIO, Tether strives to unlock the true potential of a blockchain-based stablecoin by appealing to individuals seeking a borderless, efficient, and free peer-to-peer value transfer.
The Tether EOS smart contract was developed by Tether and has been deployed to EOS account tethertether, and peer-reviewed by EOS Canada.
Through the innovative use of Delegated Proof-of-Stake, networks adopting the EOSIO software address the fee structure and scalability concerns seen across other blockchain networks. By staking for network resources, EOSIO software removes network transaction fees and, by allowing block producers to spend more computation power on processing transactions, EOSIO allows for the network to run with reduced block-spacing and significantly higher throughput.
These innovations make EOSIO an ideal blockchain for issuing Tether. Tether on EOSIO thus provides a stablecoin with the preconditions necessary for a thriving peer-to-peer micropayment infrastructure.
Learn more about Tether on EOS:
Unrelated to Tether, EOSDT is a stablecoin based on the EOS coin using the Equilibrium framework. Equilibrium is a framework of smart contracts working in concert to let users generate stablecoins (called EOSDT) that are pegged to the U.S. dollar and backed by their own crypto holdings. The EOSDT stablecoin is a useful store of value with a variety of applications, like hedging against market turmoil, providing fiat-like quotes for currency pairs on decentralized exchanges, and even online payments with merchants that accept cryptocurrency. It allows for more intuitive crypto transactions — one EOSDT always equals one USD.
Learn more about EOSDT:
VIG is the token that powers the VIGOR stablecoin, which is being developed by the Vigor DAC, an EOS Borrow and Earn Community.
Borrowers will post EOS collateral to take out VIGOR Stablecoin loans and Insurers post EOS collateral to Earn VIG loan fees from the Borrowers. A cut of the each Insurer's earned VIG is sent to a Final Reserve and Vigor Loan Prices adjust dynamically via Risk and Price Discovery models to drive Solvency to a Target and ensure the Stability of the Vigor System. Future features include 10x margin leverage, short selling EOS, and the ability for borrowers to establish a Crypto Credit score for loan fee discounts!
Learn more about VIG and become a part of the development:
SOV is a first of its kind digital asset. Unlike typical fiat currencies and cryptocurrencies, SOV has a 3 phase, 21 stage variable deflation schedule. The first phase is designed for accumulators, the second for hodlers, and the third for everyday users. SOV can trade in the thousands of TPS on Decentralized Exchanges with unbreakable encryption due to the EOSIO Blockchain Protocol.
Every time SOV is transferred, a percentage of the transfer amount is burned. This is done at a variable rate that adjusts according to SOV's total supply. There is a weekly burn of unclaimed SOV tokens. The initial supply is 1 Billion and the burn rate started at 0.05%. Over 21 stages it will increase to a peak of 1.25% before decreasing to 0%. At that time, there will only be 21 million tokens remaining and transactions will be free.