Pegnet is the worlds first asset-backed, fully decentralized stablecoin network.

No CEO, no company, simply software.



PEG tokens are used to convert into over 25 different stablecoins backed by fiat, precious metals, and various cryptocurrencies.



Today was the last opportunity for people to get into PEG tokens without a limit by converting FCT into PEG. You can see by the chart above how many people took advantage of this opportunity.



From here on out, only 5,000 PEG can be converted from FCT every 10 minute block.

Additionally, only 5,000 PEG will be mined every 10 minute block.



Scarcity is about to hit the PEG token starting right now.



DeFi holds massive potential in today's world.

It promises the vision of being able to eventually live primarily outside the traditional system.

DeFi can create for us a world without banks through lending, borrowing, collateralizing, saving and spending, all on a decentralized network.



Born from Factom, Pegnet has a phenomenal chance to become a front-runner in this endeavour.



More info on Pegnet can be found at http://pegnet.org/ and the PEG token can be found at CITEX.



This article does not consitute investment advice, and is for educational purposes only.

In full disclosure, I have taken a position in PEG today during this short-term, hyper-inflationary event.



