Paprprintr Finance 1st Cross chain Algo Stablecoin You Tube

Paprprintr Finance Description: 1st Crosschain AlgoStablecoin, is the first decentralized algorithmic stablecoin with elastic expansion and burn. It uses the Permaburn and Permapump technology, PaprPrint is an algorithmic stablecoin running on the Binance Smart Chain and on the Polygon Blockchain. Inspired by BasisCash, bDollar and other stablecoins that have been tried on different blockchains, its purpose is to get a stablecoin that will efficiently peg to a US dollar (pegged to IBUSD). The idea is to balance the total supply of PAPR through printing, the way a central bank would, but also by burning the supply when it is is too high, thus sticking to the real demand. As many algorithmic stablecoins have failed to maintain their peg, our team designed some new mechanisms in order to make PAPR, our Cash token, as stable as possible. Those mechanisms are proper to the PaprPrintr algorithm, and will serve the different platforms created over time. While our competitors are go