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DRC Announces Investment by Hedge Fund Simoleon
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DRC Announces Investment by Hedge Fund Simoleon
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Digital Reserve Platform - Hedge Inflation Risks with Decentralized Finance
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Digital Reserve Unveiled: DRC’s DeFi Platform for Hedging against Inflation Risks
Mar 4 2021 · 01:00 UTC | Updated
Mar 3 2021 · 18:02 by Benjamin Godfrey · 3 min read
Photo: DRC
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Users who are interested in taking advantage of the product offering from the Digital Reserve (DR) platform can do so by depositing DRC into the system which will first be converted to WETH through the Uniswap router.
Digital Reserve Currency (DRC) has unveiled Digital Reserve, a decentralized finance-focused platform that has the core mantra of hedging against inflation. With the new platform, holders of DRC, which doubles as the network’s native token “will be able to get easy exposure to a basket of the most efficient store of value (SoV) assets to preserve their capital.”
DRC Foundation: Digital Reserve Platform - Hedge Inflation Risks with Decentralized Finance
WASHINGTON, DC / ACCESSWIRE / March 4, 2021 / Printing is a hot topic. Be it of dollars, or of cryptocurrency tokens, there is an unprecedented amount of new wealth creation occurring in 2021. With so many places to invest, it can be extremely daunting for investors to commit their funds to a particular asset. Property overvaluation is high, gold derivative markets are shaky and the cryptocurrency is new and largely unregulated. Deciding where, and how, to commit one s funds to a store of value aside from the ever-inflating dollar supply is a difficult task.