Depos creates a new way to issue stable cryptocurrencies fully collateralized by valuable digital assets. Depos is built on EOS, one of the fastests, flexible and cheapest blockchains to transact with. We are building a unique self-regulated system intensively using smart contracts to enable truly decentralized, transparent and stable cryptocurrency. Our first stablecoin D.USD is pegged to US dollar and is fully collateralized by bitcoins. We use collateral hedging mechanism to enable price peg and also form system capital which is designed to provide additional protection to D.USD holders and sourced from sales of DPS tokens (effectively, Depos shares).
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