The f(x) ecosystem is fully decentralized. It’s designed and built to run autonomously in perpetuity without the reliance or supervision of any individual or organization. To support this autonomous structure, f(x) Coin which is the underlying ‘currency’ within the f(x) ecosystem has to be decentralized in terms of its distribution, allocation, control, circulation and the way it’s being generated.
EURBASE is a hybrid EUR based stable coin with anti inflationary features. Partially collateralized by EUR deposits and partially in Bitcoin and other cryptocurrencies. You can change EBASE to EUR and vice versa at any time on ETERBASE exchange with its integrated IBAN accounts. EURBASE falls under the definition of a payment token under the ESMA definition. EURBASE is fully compliant with AMLD5 and GDPR within the code structure.