What is STASIS-EURO?

STASIS is a full-service tokenization platform, including smart contract creation, third-party audits, and deep expertise in the current regulatory environment. Tokenization is the process of denoting real-world assets on the blockchain. STASIS claims that the tokenized assets on the platform are always backed 1:1 by collateral held in reserve accounts. Hence, the ecosystem aims to create a comprehensive framework for tokenization and ensure that a digital asset mirrors its off-chain counterpart in the long run.

STASIS seeks to combine the potential of the cryptocurrency market with the stability and reliability of traditional currencies. 

Furthermore, the STATIS platform offer:

1. Smart contract creation for minting (creating) and burning (destroying) ERC20 tokens to represent reserve assets.

2. Custodial services for the digital assets issued by the platform.

3. Third-party audits and reserve verification.

4. Legal and regulatory expertise in various significant jurisdictions and in-house experts on regulation and government relations.

5. Market-making liquidity assurance operations that ensure users can buy and sell tokenized assets on the market.

EURS is a digital euro, or stablecoin, designed by the platform to mirror the price of the euro. The EURS stablecoin aims to offer the benefits of the combination of reputation and relative stability of the euro and blockchain technology.

STASIS aims to ensure EURS flexibility to avoid inefficiencies of the single-layer solutions. EURS is an ERC/EIP20 token and, as a stablecoin, has introduced delegated payments on the Ethereum network. EURS aims to offer transparency, immutability, and efficiency of the blockchain. EURS is supported by an ecosystem of custodians, exchanges, liquidity providers, payment platforms, and others.

On the platform, users no longer have to pay gas fees to make transactions. Instead, users can pay transaction fees in EURS or any other digital asset supported by the STASIS wallet. Gas is the unit of measure for the amount of computational effort required for operation execution on the Ethereum network.

History of STASIS-EURO

Gregory Klumov is the CEO of STASIS, and Dmitry Golubev is the CTO of STASIS.