Crypto assets are extremely volatile. This extreme volatility makes it difficult for any crypto asset to properly function as a digital currency. Yuro is a stable token that stores the POS (point of sale) value of an investors Ethereum preventing loss of funds during market downturns. The value of one Yuro token is derived from what one Euro can purchase of a weighted basket of 5 major fiat currencies. Over $5 Trillion of Forex is traded every single day. This high liquidity leads to low volatility. By deriving its value from 5 major currencies, Yuro’s value is designed to be extremely stable. This weighted average is also likely to outperform one single currency. Yuro’s smart contract provides a convenient, transparent and secure manner for exchanging Yuro tokens for Ethereum. The Yuro smart contract holds 100% of the Ethereum generated every time a Yuro token is issued making it extremely liquid at all times. This high liquidity enables anyone to hedge against the price of Ethereum.
