Alchemint Stablecoin Issuance Platform Status

Alchemint Stablecoin Issuance Platform had few minor problems in February, but our tech team fixed quickly after received the feedback.

Compared to January 2019, Total SNEO Collateralized and Total SDUSD Issued had grown a little. Also with NEO price increase, it brings the Overall Mortgage Rate increase. With higher Overall Mortgage Rate, it can ensure SDUSD will keep the price stable even faced bad market condition.

Please check the following picture comparing the Jan. 2019 and Feb. 2019 data:

Jan. 2019