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FAQ
What is UVAz? UVAz is an inflation-protected stablecoin (flatcoin) pegged to Argentina's UVA index and backed by inflation-indexed bonds.
How does UVAz protect against inflation? UVAz tracks the UVA index, which adjusts based on Argentina's consumer price index. This means UVAz tokens maintain their purchasing power even as prices rise.
Who can use UVAz? Currently, only whitelisted addresses can mint and redeem UVAz. This restriction will evolve as the protocol matures.
What fees are associated with UVAz? There are no fees for minting UVAz. A 3% fee applies when redeeming UVAz back to USDT.
How is UVAz different from other stablecoins? Unlike USD-pegged stablecoins, UVAz maintains purchasing power relative to the Argentine economy, making it ideal for users affected by local inflation.
Is UVAz available on exchanges? Not yet. UVAz will be available on select exchanges after the mainnet launch.
How can I get whitelisted? Contact the UVAz team through our official channels to request whitelist access.
Glossary
UVA (Unidad de Valor Adquisitivo): An Argentine financial index that adjusts daily based on the consumer price index.
CER (Coeficiente de Estabilización de Referencia): An Argentine reference stabilization coefficient used for financial adjustments.
Flatcoin: A cryptocurrency designed to maintain stable purchasing power rather than stable price.
Stablecoin: A cryptocurrency designed to minimize price volatility by pegging to a stable asset.
ERC-20: The technical standard for fungible tokens created using the Ethereum blockchain.
Oracle: A system that provides external data to blockchain smart contracts.
Whitelist: A list of approved addresses that can interact with restricted functions in a smart contract.
Base: An Ethereum Layer 2 scaling solution offering lower fees and faster transactions.
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