[RFP]: Create and Add KEUR in SORA for Kensetsu

[miansegat]

Proposal Due Date

July 2024

Proposal Overview

Currently, Kensetsu has defined $KUSD as its main stablecoin due to the general dominance of the USD. With the arrival of the SORA card, all Europeans will deposit money into SORA in EUR and with the creation of KEUR we would avoid exposure to the fluctuation of the USD/EUR pair.

Additionally, creating $KEUR would allow many more vault creation combinations in Kensetsu.

Proposal Goals

Same as Proposal Overview

Scope of Work

Same as Proposal Overview

Current Roadblocks and Barriers to Success

Previous development tasks queued

Evaluation Metrics and Criteria

Same as KUSD

Submission Requirements

Created and approved in Democracy

Submission Method

Blockchain: Mainnet

Project Due Date

July 2024

Budget Amount

Same as KUSD, xD

[MishoKanaria]

Hey @miansegat this is actually already in the pipeline. We use Band protocol as our oracle provider, so any asset there we can use in Kensetsu.

I agree this could be a good selling point and additional usecase for SORA Card