Edelcoin

Edelcoin (EDLC) is a stablecoin designed to offer enhanced stability and transparency within the cryptocurrency market by being backed by a basket of valuable and industrial metals. Unlike other stablecoins that are typically pegged to fiat currencies, Edelcoin is supported by physical commodities, including high-purity copper isotopes, nickel wire, and the rare earth metal caesium-133. The total value of the backing metals exceeds the value of the issued coins, providing a 25% over-collateralisation, thereby ensuring robust security and stability. The stablecoin is issued by Edelcoin AG, a Swiss-based company, and is intended to provide a reliable digital currency option that avoids the volatility and risks associated with fiat-backed and algorithmic stablecoins.

Edelcoin (EDLC) is primarily used as a stable medium of exchange within the cryptocurrency ecosystem. Its use cases include:

1. *Trading and Transactions*: EDLC can be used to trade and settle transactions within the cryptocurrency market, providing a stable and reliable alternative to more volatile digital assets. 2. *Investment Stability*: As a stablecoin backed by physical metals, EDLC offers an investment vehicle that protects against fiat currency inflation and the volatility of other digital assets. 3. *Collateral in DeFi*: The transparency and over-collateralisation of Edelcoin make it a potentially attractive asset for use as collateral in decentralised finance (DeFi) applications. 4. *Redemption for Physical Metals*: Holders of Edelcoin can redeem their tokens for the underlying physical metals, offering a tangible store of value and a hedge against economic uncertainty.