Havven is releasing its stablecoin nUSD on June 11. The release marks the launch of the Havven network. nUSD is claimed to provide a mechanism to mitigate the price volatility in the blockchain ecosystem. The network itself is notable as it uses a peculiar stability mechanism that rewards havven-holders for providing stability to nomin users.
Havven is collaborating with intimate.io, Swapy and Deconet to make use of nUSD on the aforementioned platforms. First nomin iteration - eUSD, can still converted into ETH (vice versa option is deactivated prior to nUSD release). eStore, an eCommerce platform with nomins support is closed to public until the release of nUSD.
Havven is a decentralized payment network where transactions fees are collected from users of the network. At the moment of publication, the Havven market parameters are as follows:
|Average price||0.575490 USD|
|Market cap||35,073,679 USD|
|Volume (24H)||1,493,690 USD|