Active community members include developers. These members are working hard to make this cryptocurrency useful.
They are working on a multi-purpose platform to bridge WebDollar and Ethereum. The platform will use the ETH ecosystem to provide liquidity to the WebDollar ecosystem.
Main features under active development:
- Buy WEBD using ETH at low fees.
- Create Wraped Webdollar (WWEBD) as an ERC20 token on Ethereum, which can be exchanged with any ERC20 token using decentralized exchanges like Uniswap. The bridging infrastructure between WebDollar blockchain and Ethereum blockchain will be created.
- Buy ETH using WEBD at low fees.
WebDollar Exchange Stage 1 – Buy WebDollar with Ethereum.
Scope of the first stage: to be able to exchange ETH for WebDollar at low fees.
WebDollar Exchange Stage 2 – WWEBD -> WEBD.
Scope of the second stage: Create a bridge infrastructure to swap WWEBD to WEBD, from the Ethereum blockchain to WebDollar blockchain.
WebDollar Exchange Stage 3 – Create Uniswap pool WWEBD <-> ETH.
Scope of the third stage: To create a Uniswap pool by providing initial liquidity. Uniswap users will be able to swap ERC20 tokens with WWEBD. WWEBD owners can burn those WWEBD they own to receive WEBD that they can further stake in the WebDollar ecosystem.
WebDollar Exchange Stage 4 – WEBD -> WWEBD.
Scope of the fourth stage: Create a bridge infrastructure to swap WEBD to WWEBD, from the WebDollar blockchain to the Ethereum blockchain.