The limitless stablecoin.
$OOSD is the stablecoin born within Linework Ecosystem and emerged as a beacon of innovation, symbolizing the power of decentralized technology to reshape our financial landscape. $OOSD is the cornerstone of a visionary ecosystem designed to revolutionize how we interact with our digital assets.
A new born amidst Linework Ecosystem
$OOSD opens new doors, offering financial stability, cross-border accessibility, and boundless opportunities for financial inclusion across Linework Ecosystem, marking a new era in the digital economy, where traditional boundaries and limitations are dismantled, and the potential for financial empowerment knows no bounds.
Built on algorithms and collateralized mechanisms
No central authority, ensuring transparency.
Tailor-made liquidity management through the Smart Contract
Immediate and fast transactions to manage the process.
Loan access & business
Easy access to institutional loans and Linework Pay system
Security & audits
Continous monitoring and asset safeguard and external audits
Possibility to exchange the stablecoin with other cryptocurrencies
Designed to mitigate price volatility and grant the stability
Issuance in the frame of El Salvador Digital Assets Law
Open source code
Power to participate an get involved in the development
Adopting financial action Task Force standards
Defending the structure from failures and cyberattacks
$OOSD is a stablecoin, a digital currency designed to maintain a stable value. It is built on a secure, transparent blockchain infrastructure. Backed by a reserve, ensuring stability and security.
How to get
Getting involved in the $OOSD ecosystem is not just an opportunity; it’s an invitation to be part of the digital asset revolution. Here’s how you can join us on this transformative journey:
Acquire $OOSD and become a vital part of the ecosystem. Invest in a stable and secure digital currency that offers stability and growth potential, all while contributing to the growth of the Linework Ecosystem.
Collaborate with us to expand the reach of $OOSD. If you represent a business, organization, or platform that can benefit from seamless digital asset management, let’s explore how we can work together to create a more interconnected and efficient ecosystem.
Join our community
Stay engaged and informed by becoming a part of the $OOSD and Linework Ecosystem community. Follow us on social media, join forums, and participate in discussions. Your insights and feedback will contribute to the ongoing improvement and development of the ecosystem.
Together, we can rewrite the rules of digital asset management, redefine financial inclusion, and pave the way for a more decentralized, transparent, and interconnected financial future.
About the framework
$OOSD will be issued under the legal framework of crypto stablecoin laws. $OOSD will be always redeemable 1:1 for US dollars. The issuance of the stablecoin $OOSD is distinguished by its unique and robust reserve model, which is securely backed by the Post Money Value of the Linework Group. This innovative approach ensures that the stability of $OOSD is supported by the real and tangible value of the entire company, underpinning the stablecoin’s reliability and safeguarding its peg to traditional fiat currencies. This transparent and comprehensive reserve mechanism establishes $OOSD as a stable and trustworthy digital asset, suitable for a wide range of applications, from cross-border transactions to the dynamic decentralized economy.
Frequently asked questions
What is a stablecoin?
A stablecoin is a cryptocurrency that is pegged to the value of an underlying asset.Typically, this asset is a reserve of fiat currency like the US Dollar. Stablecoins maintain a steady value in comparison to volatile assets like Ether or Bitcoin.
What are the main differences between a stablecoin and a cryptocurrency?
Stablecoins and cryptocurrencies are both digital assets, but they serve different purposes and have distinct characteristics. Here are the main differences between the two:
1. Price Stability:
Stablecoin: Stablecoins are designed to have a relatively stable value, typically pegged to traditional fiat currencies like the US dollar. They aim to minimize price volatility and maintain a constant or predictable value.
Cryptocurrency: Cryptocurrencies like Bitcoin and Ethereum are known for their price volatility. Their values can fluctuate significantly over short periods, making them speculative assets rather than stable stores of value.
2. Use Case:
Stablecoin: Stablecoins are primarily used as a medium of exchange, a unit of account, and a store of value. They are often used for everyday transactions, cross-border payments, and in various decentralized finance (DeFi) applications.
Cryptocurrency: Cryptocurrencies can have a broader range of use cases. Some are primarily used as digital gold (store of value), while others serve as platforms for smart contracts and decentralized applications (Ethereum), and some are used for privacy-focused transactions (Monero).
Stablecoin: Stablecoins aim to maintain a stable value and minimize volatility. Their prices remain relatively consistent, usually hovering around the value of the pegged asset.
Cryptocurrency: Cryptocurrencies are known for their price volatility. They can experience rapid price fluctuations, which can lead to both significant gains and losses for investors.
Stablecoin: Stablecoins can be backed by various assets, including fiat currencies (e.g., US dollars), other cryptocurrencies, or algorithms. Fiat-collateralized stablecoins are backed by traditional money reserves, while crypto-collateralized ones use cryptocurrencies as collateral.
Cryptocurrency: Cryptocurrencies do not have a backing; their value is determined by supply and demand in the market.
5. Regulatory Environment:
Stablecoin: Stablecoins often face regulatory scrutiny due to their peg to traditional currencies. Some stablecoins are subject to financial regulations, depending on their issuer and use cases.
Cryptocurrency: Cryptocurrencies are typically viewed as digital assets rather than currencies and are subject to varying degrees of regulation in different countries. Regulations may focus on issues like taxation, anti-money laundering (AML), and consumer protection. In summary, while both stablecoins and cryptocurrencies are digital assets operating on blockchain technology, stablecoins prioritize price stability and are often pegged to traditional currencies, while cryptocurrencies are known for their price volatility and have a broader range of use cases, from digital gold to powering decentralized applications.
What are the advantages of a stablecoin?
Reduced price volatility as compared to other cryptocurrencies.
Can be utilized across different dApps and platforms.
Many stablecoins are audited to ensure backed reserves.
Depending on the type, some are decentralized and foster financial inclusiveness.
What is $OOSD?
$OOSD is Linework stablecoin, a specific type of cryptocurrency designed to maintain a stable value by pegging its price to a reserve of assets, backed by the Post Money Value of the Linework Group.