Stablecoin
USDANT Price
Contracts/Explorers:
Ethereum
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USDANT is a decentralized, open-source, 100% backed stablecoin project developed by AntsColony, a decentralized autonomous organization (DAO)
USDANT is a decentralized, open-source, non-profit stablecoin project developed by AntsColony, a decentralized autonomous organization (DAO). USDANT is an ERC-20 token built on the Ethereum blockchain and is designed to reduce counterparty risk. This means the risk of holding a single stablecoin is minimized. USDANT is backed by a basket of major stablecoins, such as Tether (USDT), TrueUSD (TUSD), Gemini USD (GUSD), Binance USD (BUSD), Coinbase/Circle USD Coin (USDC) and MarkerDAI's DAI, which together make up a total of 1 USD backing each USDANT token.
USDANT has several features that make it more secure than other stablecoins. First, it is backed by a basket of major liquid stablecoins, meaning the risk of holding each token is diversified. Second, USDANT is monitored by AntsColony’s elastic algorithmic basket (eaBasket), which ensures it is kept at 100% backing at all times. Third, AntsColony is not involved in market making, meaning that users can always exchange USDANT at a 1:1 exchange rate on antscolony.org without any commissions.
USDANT Stablecoin provides a safe and secure way to store your funds, while offering you the potential to earn up to 42% APY. AntsColony platform eliminates the risks associated with investing in volatile digital assets, while allowing you to maintain the value of your investments. With Ants Staking, you can enjoy financial freedom and peace of mind, knowing that your funds are secure and you have the potential to earn a substantial return on your investment.
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