The first decentralised Bitcoin Backed stablecoin has been launched on Elastos
This is a big deal , especially for a cryptocurrency ranked outside of the top 500
@SunnyFengHan and
@chen2rong2 have been working on this since 2017
They are taking a slightly different approach to Bitcoin Defi than
$STX
Have a look at
$ELA and let me know what you think
I predict
$ELA will soon Rival
$STX by market capitalisation moving from rank 500 to rank 70 on CoinMarketCap
#bitcoin #BTCfi #CryptoMarket #elastos #BTCD