What is 10mb
10mb Finance is the algorithmic stablecoin protocol pegged to 1/10 USDC on the Cronos Network!
The peg is maintained by two different methods:
1. Seigniorage, similar to Tomb, Dark Crypto, and other forks, and
2. Fractional collateralization, with minting and redemption, similar to Frax and Iron Finance
The 10SHARE token is the governance token of both the Tomb fork and Iron Finance parts. 10mb is the peg token!
10mb vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, 10MB would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of 10MB might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including 10MB.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.