About Alternity CNY

Alternity is a decentralized protocol built on the Ethereum blockchain. The protocol provide users with a stablecoin that is pegged to the Chinese Yuan, achieved by utilizing Ether as the required collateral. Loans are paid out in LCNY (a CNY pegged stablecoin) and need to maintain a minimum collateral ratio of 110%.

Alternity aims to cater to users who value diversification and seek alternatives to USD-pegged stablecoins.

As a protocol, Alternity is non-custodial, immutable, and governance-free.

LCNY is the Yuan-pegged stablecoin used to pay out loans on the Alternity protocol. At any time it can be redeemed against the underlying collateral at face value.

Alternity CNY [LCNY] est un token basé sur Ethereum blockchain. Le prix le plus réel pour un Alternity CNY [LCNY] is 0 €. Alternity CNY est coté sur les bourses 0 avec une somme de 0 marchés actifs. Le volume 24h de [LCNY] est 0 €, tandis que le Alternity CNY la capitalisation boursière est 0 € qui le classe comme 'no rank' de toutes les crypto-monnaies. Vous pouvez trouver plus d'informations sur Alternity CNY [LCNY] sur alternity.finance app.alternity.finance