A Novel Approach in Creation of Stablecoins
stablecoins are a fine-tuned combination of all three main
collateralization models: fiat money, cryptocurrency “basket” and
algorithmic. Any type of Kovrita network’s third-party failures cannot
impact the stability of the whole system, but rather lead to the
temporary, automatically recoverable state of partial hedging. Coins
creation, their distribution, and their value maintenance are based on
the project’s unique incentivization model.
Transparency, Integrity and Trust Building
of project’s assets within the Kovrita network of individual holders,
various third party co-owners, custodians, private funds, business
entities, and exchanges, allows for seamless audit by the community,
which can be conducted periodically, per planned time periods, or even
on-demand. The total project’s valuation can be estimated at any given
time point with a high degree of accuracy. Trust building via periodic
releases of platform assets into “locked-in forever” functional Ethereum
Fully Blockchain-based Websites and Wallets
ready, serverless architecture designs, blockchain as a service (BaaS)
user interfaces (UI) and wallets built on demand. Secure data access,
the blockchain-driven database which cannot be tampered with. Ease of
Regulations and Compliance Ready
ownership of the project by the participating parties, physically
located across the world will allow businesses to conduct their
operations in full compliance with local laws and regulations, be it the
local branch of the Kovrita project or an independent business entity.
Kovrita project is facilitating easy market entry via direct financial
sponsorship and provision of technical assistance.
Hedged Kovrita coins - DEX ready trading
the reason that all Kovrita coins are backed/hedged by the
corresponding assets, to own any of the easily convertible Kovrita coins
means to own corresponding tradable asset. Ethereum’s ERC-20 common
standard behind Kovrita coins serves as a solid base for the project’s
own Decentralized Exchange (DEX) development but can be immediately used
by any and all existing DEXes.
Perfect set of Smart Contracts
powered by multiple redundant software oracles, Ethereum smart
contracts for the automatic exchange to and from Kovrita coins, with
built-in live exchange rates, for the fail-safe data feed and
processing. Highly advanced, adjustable, smart contract-based
Affiliate/Referral system. Powerful incentivized voting contracts to
boost system performance and to enhance its development agility.
Distributed Ownership and Custodianship
project is all about end-users, YOU! Kovrita is fully open to staking
in the project ownership by anyone interested and will financially
sponsor the creation of new third-party businesses whenever possible.
Within Kovrita network, this approach allows for the establishment of
the multitude of interconnected ventures with overlapping interests,
without sacrificing the full profit potential for their owners, while
still benefiting from being part of a larger enterprise-scale project.