Introduction to privacy stablecoin

Stablecoin name: A Public chain: Anubis

Issuance Method: Minting issuance

Privacy Stablecoin A is a privacy-anonymous stablecoin launched by the ORIGIN platform based on the USDT value anchored, 1A=1USDT. The ORIGIN platform adheres to the 1:1 reserve issuance guarantee mechanism; the treasury reserves for every A token issued. There are sufficient USDT assets in the pool as anchor support. ORIGIN minted the algorithmic non-stable currency LGNS token into a privacy-anonymous stable currency A through an ORIGINal algorithm protocol.

The Minting mechanism includes the LGNS asset anchoring rate benchmarking protocol algorithm. LGNS Mints and issues A through the Minting protocol algorithm. After A is successfully minted, LGNS injects it into the black hole and destroys it;

asset anchoring includes: After stablecoin A is minted and issued, the treasury reserve assets USDT achieves 1:1 contract locking, which means that actual treasury reserves back each stablecoin A, and users can reverse redeem A for USDT at any time.

The economic relationship between the three significant tokens in the ORIGIN ecosystem

In the ORIGIN ecosystem, the three significant tokens, LGNS, Stablecoin A, and Anubis, play a key role in jointly maintaining the economic balance and development of the platform. As a native token, LGNS is the driving force for liquidity and transactions, allowing users to participate in activities such as bond purchases and bonus pools through staking to gain income, which is an indicator of ecosystem health. As a trading medium with stable value, Stablecoin A reduces the impact of market fluctuations and is used for anonymous payments and cross-chain transactions to ensure safe and convenient transactions. Anubis focuses on building a new privacy ZKRollup protocol, providing address anonymity and intelligent contract privacy protection, supporting mainstream assets, and enhancing the composability of EVM-compatible ecosystems.