Kovrita Collateralization Model

Kovrita stablecoins are initially created as a set of Ethereum contract-based (ERC-20 standard) coins. They are:

  • (1) Algorithmically issued and destroyed based on the input from the array of software oracles, in real-time, in full accordance with the public’s demand;
  • (2) Hedged by the fiat money and cryptocurrencies “basket” in a decentralized manner.