1H
-0.14%$0.0018
24H
-0.20%$0.0025
7D
-1.99%$0.0254
30D
6.04%$0.0712
The STASIS ecosystem implements frameworks aimed to merge the benefits of new digital assets and the best features of traditional ones. The stability of conventional finance meets the transparency, immutability, and transactional efficiency of the blockchain in the form of the EURS token, mirroring the euro on-chain and engaging liquidity assurance mechanics.It is possible to generate EURS via securities instead of currencies and vice versa. This way, users will not engage in bank level transactions. Instead, they will receive EURS for selling securities to liquidity providing partners of STASIS. EURS is the EURO currency tokenized on a blockchain, whose value is tied to the value of its collateral.
In this guide, we look at the pros and cons of automated trading while brushing on the benefits, risks involved, technical requirements, trading strategies, required trading skills and questions that need to be answered on the subject.
The guide deals with Universal Market Access (UMA) protocol – an open-source infrastructure that allows DeFi developers to create their synthetic tokens and derivatives in the Ethereum network that can keep track of any asset’s prices.