Developers from Platinum Q DAO shares a secret of creating definitely reliable stablecoins like USDQ, KRWQ, CNYQ and JPYQ.
Haleel Risthisen is an active member of crypto community who has contributed extensively to emerging blockchain-based solutions. She currently works as a Blockchain Engineer at Platinum Q DAO Engineering, leveraging her skills in cryptography and DLT to help develop USDQ, a fully decentralized stablecoin for easy Bitcoin collateralization.
Accustomed to agile and SCRUM environments, she combines a platform-level architecture mind and ability to discern lower-level challenges and bottlenecks, always ready to consult customers on the journey ahead and choices available. Dedicated to delivering superb UI/UX, Haleel works closely with front end development sub-team, smoothing out kinks in implementations, shipping pixel-perfect and usability-first deployments.
- 1 USDQ = $1
- Q DAO helps maintain USDQ at $1 by means of a collateral guarantee and pricing system. This collateral guarantee is itself managed by holders of Q DAO. Moreover, KRWQ – a stablecoin pegged to Korean Won will be attached to Q DAO family. This will not only make a huge impact on the local Korean market but also to the whole Asian region.
- Q DAO holders will always have the chance to buy any debt or collateral guarantees.
- The system is protected by Global Resolution.
- Decentralized stablecoins are needed for the prosper of the crypto market.
Sure, we understand that when you think about some of the information about how USDQ works it may seem a bit too complicated and complex. This is even more evident if you don’t have any technical background. Throughout this text, we will be explaining USDQ and the Q DAO ecosystem as if we are talking to a newbie in the scene of crypto.