EURI Tokenomics: Simplicity and Transparency for Euro Stability! 📈🔗
EURI tokenomics focuses on maintaining the stability and predictability characteristic of stablecoins.
1:1 Peg: The core principle of EURI tokenomics is its strict peg to the euro at a 1:1 ratio. This means that every EURI token in circulation is backed by an equivalent amount of euros in reserves.
Issuance on Demand: New EURI tokens are issued only when users deposit the corresponding amount of euros into fiat reserves, and they are burned when users redeem euros. This ensures that the EURI supply always matches its backing.
Transaction Fees: While EURI itself does not have a complex inflation/deflation model (as some other cryptocurrencies may), transaction fees on Ethereum or BNB Smart Chain are paid in the native tokens of those networks (ETH or BNB), not in EURI.
No Maximum Supply: Unlike some cryptocurrencies, EURI does not have a predetermined maximum supply, as its issuance is regulated by demand for euros and the amount of euros in reserves.
EURI tokenomics is simple and functional, ensuring its role as a stable digital euro.
