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Yuan is a 100% community-driven project, with no pre-mine or VC. All governances are fully on-chain.
Yuan is an elastic token tracking the exchange rate of Chinese Yuan against USD. Unlike other elastic tokens which rely on money expansion/contraction driven by deterministic algorithm, Yuan plans to develop or co-develop other protocols (i.e AMM, lending etc), so to inject more demand side variables into the equation.
Review: Beginner's Guide to Yuan
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Review: Beginner's Guide to Yuan
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