Q DAO is the coin that functions as a utility marker, governance token, and recapitalization resource. The Q DAO holders use the token to vote on the PLATINUM Q DAO ENGINEERING platform development or pay fees on the Collateralized Debt Contracts (CDCs) engaged in the generation of USDQ. When the users pay the fees, the USDQ tokens will burn. Like other cryptocurrencies, Q DAO is also subject to the market volatility.
USDQ is a financial cryptocurrency project in development by Platinum Q DAO ENGINEERING. We want to offer an affordable solution to the high volatility that crypto markets face with the stablecoin USDQ. A stablecoin pegged to the U.S. dollar and backed with bitcoin as collateral.
The USDQ stablecoin is expected to be one of the most prominent, once it is launched. For the uninitiated, a stablecoin is a cryptocurrency which is pegged at a value similar to that of a fiat currency, generally 1 USD. USDQ will also have its value set at $1.