$Shield = a safe guarantee
INNOVATION: The $Shield is the vault storing the NTC-$ collaterals (i.e. US Dollar Coins)
A smart contract, a robot independent of the NTC platform, validates the issuance of NTC-$ only when the USDC contributions have been paid into the tamper-proof $Shield safe and recorded on the Ethereum blockchain.
The $Shield determines the NTC-$ exchange rate versus US Dollar, an exchange rate which can only progress in favor of NTC-$ holders
NB. $Shield is a WUSD (Wrapped US Dollar)
A wrapped dollar is a cryptocurrency token that is pegged to the US dollar. This means that the value of the $Shield is always equal to or greater than $1. Wrapped dollars are created by locking up US dollars in a smart contract.
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