What is Dei

Article Summary, Automatically Generated By AI

Summary

  • DEI is a fractional reserve stablecoin inspired by frax.finance.
  • It can be used as a unit of account for derivative-based trading on DEUS infrastructure layer protocols.
  • Traders, protocols, and market makers using DEUS v3 with $DEI as stablecoin will have better fee structures compared to using $USDC.
  • No specific numbers or figures mentioned.
  • No case studies, anecdotes, or examples mentioned.

About DEI: Empowering a Decentralized Future

DEI is a fractional reserve stablecoin, born from the innovative spirit of frax.finance, and is poised to serve as a unit of account for derivative-based trading on protocols built atop the DEUS infrastructure layer. Traders, protocols, and market makers leveraging DEUS v3 and utilizing $DEI as a stablecoin will reap the benefits of more favorable fee structures, surpassing those offered when using $USDC.

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