What is Midas Mds

Article Summary, Automatically Generated By AI

About MIDAS Summary

  • $MDS is an NFT-backed stablecoin, soft pegged to USD (1 $MDS = 1 $USD)
  • Expanding $MDS stablecoin to more collaterals, starting small for efficient, safe, and sustainable growth
  • Seeking integration partners for $MDS token, aiming to become a store of value, medium of exchange, and unit of account backed by NFTs
  • Figures: 1 $MDS = 1 $USD

About MIDAS

In the realm of cryptocurrency, MIDAS emerges as a trailblazing platform, poised to revolutionize the digital asset landscape.

$MDS is a stablecoin collateralized by NFTs, maintaining a soft peg to the US dollar at a 1:1 ratio (1 $MDS equivalent to 1 $USD).

We are incrementally expanding the $MDS stablecoin to encompass a diverse range of collaterals, adopting a prudent approach by starting small to ensure efficient, secure, and sustainable growth.

We are seeking integration partners for the $MDS token, as it strives to become a trifecta of value: a reliable store of value, a versatile medium of exchange, and a standardized unit of account, all securely backed by a diverse array of NFTs.

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