Waves Founder Releases Waves 2.0 Plan With New Stablecoin

Key Points:

• Waves founder Sasha Ivanov released the Waves 2.0 plan.
• The plan includes achieving 1,000+ tx per second on L1 using a probabilistic consensus PoS mechanism and keeping full decentralization, multi-chain EVM L2, Power DAO platform, SafeFib – DeFi models based on predictable behavior and wind/return rates, and the launch of adaptive DAO-governance based stable coins.
• Sasha Ivanov previously declared his intention to introduce a fresh stablecoin. A USDN scenario resolution plan will also be put into action beforehand.

Waves is going through a liquidity crisis amid the still lingering crypto winter. Therefore, for a potential new step, Waves 2.0 will be planned to solve this problem.

Waves founder Sasha Ivanov released the Waves 2.0 plan, which includes achieving 1,000+ tx per second on L1 using a probabilistic consensus PoS mechanism and keeping decentralization, multi-chain EVM L2 fully, connecting to different L1’s, not only Waves.

Next, Ivanov introduced the Power DAO platform, SafeFib – DeFi models based on predictable behavior and wind/return rates, and the launch of adaptive DAO-governance-based stable coins with 100% predictable behavior in all market conditions.

Previously, Sasha Ivanov announced that he would launch a new stablecoin. In addition, there’s gonna be a USDN situation resolution plan set in motion before. He also announced a plan for aggressive decentralization, including the creation of a new Waves Association DAO and the donation of $10 million in governance tokens currently held by the team.

“The amount of WAVES in the USDN contract is not significant enough to impact price – even in the worst-case scenario where all WAVES were drained. There is no inflation or new WAVES tokens created by Neutrino – at any point. And there is no way to drain the contract in a single day or entirely,” Ivanov said.

Additionally, the Neutrino community voted to approve the proposal regarding transforming USDN into a multi-collateral asset with a soft peg. The stablecoin will also be backed by the following Waves ecosystem tokens. The ecosystem teams will donate $15 million of every project’s token directly to the Neutrino backing.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

Coincu News