🗳EAST.Finance is managed by WEST DAO, a two-chamber enterprise-level organization, which manages Waves Enterprise development as well. WEST DAO includes:
1️⃣ the Governing Council, formed by blockchain specialists from different companies. They сreate DAO proposals. 2️⃣ the community, formed by WEST holders (soon these will be GWEST holders). They vote for or against the proposals and also can create them.
⚖️ In EAST.Finance the WEST DAO will add or remove types of collateral, change the stability fee and price multipliers.
🗳EAST.Finance is managed by WEST DAO, a two-chamber enterprise-level organization, which manages Waves Enterprise development as well. WEST DAO includes:
1️⃣ the Governing Council, formed by blockchain specialists from different companies. They сreate DAO proposals. 2️⃣ the community, formed by WEST holders (soon these will be GWEST holders). They vote for or against the proposals and also can create them.
⚖️ In EAST.Finance the WEST DAO will add or remove types of collateral, change the stability fee and price multipliers.
n the U.S. people generally use Bitcoin as an alternative investment, helping diversify a portfolio apart from stocks and bonds. You can also use Bitcoin to make purchases, but the number of vendors that accept the cryptocurrency is still limited. Big companies that accept Bitcoin include Overstock, AT&T and Twitch. You may also find that some small local retailers or certain websites take Bitcoin, but you’ll have to do some digging. That said, PayPal has announced that it will enable cryptocurrency as a funding source for purchases this year, financing purchases by automatically converting crypto holdings to fiat currency for users. “They have 346 million users and they’re connected to 26 million merchants,” says Spencer Montgomery, founder of Uinta Crypto Consulting. “It’s huge.”
Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.
