U X D - A Decentralized Stable Coin

U x d is an algarithmic stable coin. Like terra, u x d is genuinely decentralized and collateralized. It can retain this price stability with a nifty mechanism. When you trade your hundred dollars worth of sol for the stable coin, ux d deposits that money on a decentralized exchange where it acts as collateral. Multiquin sees an opportunity for this kind of transaction to occur across the internet thanks to the presence of building block like bet decks. Gambling is a principle inherent in human nature. To day, if you want to place a sports bed in the united states, you must either enter a casino or call your bookie. Neither is the most seamless of experiences