SpiceUSD. Price of cryptocurrency: $ 0.12839771

There's a huge need for a capital efficient system for trade among people of the world, which is the core thesis of the Spice Trade protocol. Such a system should have deep, long-term, and protocol-owned liquidity to maintain tight pegs. It is our belief that creating such a system will bring us one step closer to creating a more peaceful and prosperous future for mankind. Reducing custodial risk can be achieved through on-chain and decentralization. Frictionless trade requires using money that does not fluctuate in value. The term value stable is relative. The best money should be designed to be stable relative to national currencies, a basket of currencies, an inflation adjusted currency, in-game virtual currencies, and reward points. Money can be used as a tool of trade. The Spice Trade protocol is fully modular to accommodate both immediately predicted needs as well future unknown use cases. One of our core values is to create an open-source platform where anyone with a good idea can contribute and build on top of the Spice Trade protocol. While over-collateralized on-chain stable coins pioneered the non-custodial money movement, we believe they will play a relatively smaller role in the future of money. Imagine if we removed all the currencies in the world. In order to generate a new dollar, someone has to take a mortgage against their physical assets, and only then money is generated to enter the circulation. Any real world economy would come to a screeching halt because of this tight monetary system. The recent market trends reflect the above reasoning. History shows that technology continuously improves. Any product, community, or nation that does not evolve will be left behind. We believe that any successful product that wants to survive the test of time needs to be a meta concept that stays above any particularBlockchain and can easily be extended and expanded from one chain to another. While Proof-of-Stake seems to be the current king of consensus-building, who knows what the future will bring? The Spice Trade protocol is built on the concept of Starfish Topology and is designed to have significant liquidity with practically zero cost. There are people in this picture