Decentralized Euro

The advantages of the Decentralized Euro lie in its decentralisation and versatility. Unlike other collateralised stablecoins, the auction-based liquidation mechanism of the Decentralized Euro is not dependent on external price sources. It is very flexible in terms of the collateral used. In principle, it supports all collateral that is sufficiently available on the market. However, its realisation mechanism is slower than that of other collateralised stablecoins, making it less suitable for highly volatile types of collateral.