$Shield guarantees complete security
The creation of the NTC-$ project is driven by two main objectives:
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- INNOVATION: KYS (Know Your Shield) at any given moment: This empowers users of NTC-$ cryptocurrencies to assess the current exchange rate against the designated and reputable collateral: the US Dollar Coin (USDC).
- Providing users of NTC-$ cryptocurrencies with the potential for a positive exchange rate evolution with the designated collateral: the US Dollar Coin (USDC).
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However, the current challenge lies in the credibility of recourse to collateral with processes undermined by some stable coins.
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To address this, the $Shield smart contract allows for a maximum of two interactions:
- Incremental addition of US Dollar Coins (USDC) to the $Shield, with or without the simultaneous creation of NTC-$ tokens.
- Exchange of NTC-$ tokens for US Dollar Coins (USDC) on the latest published $Shield exchange rate
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This introduces a new, unbreakable legal framework:
THE DECENTRALIZED POSSESSION SMART CONTRACT
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When the $Shield is requested, the corresponding NTC-$ tokens are destroyed during the exchange process.
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- Email: contactus@nt-coin.com
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