Star STAR

STAR is the stablecoin offered by Preon. It is the stablecoin that borrowers receive when they submit collateral and secure a loan. Stablecoins are cryptocurrencies that are designed to have a stable value, typically pegged to a fiat currency like the US dollar. The purpose of STAR is to provide stability and flexibility in borrowing, allowing users to explore and invest in new opportunities while maintaining the value of their collateral.

$STAR is unique compared to other cryptocurrencies because it is a stablecoin that is over-collateralized. This means that it is backed by more assets than its circulating supply, providing increased stability and minimizing the risk of volatility. Additionally, Preon offers loans with a 0% interest rate, making it a cost-free borrowing experience. This combination of stability and zero interest rate sets $STAR apart from other cryptocurrencies and makes it an attractive option for users looking to preserve the value of their crypto holdings while accessing new funds.