VuFi is an algorithmic elastic supply stable coin that aims to introduce more stability in cryptocurrency markets for the average user.
Powered by the VuFi protocol, the VuFi stable coin adjusts its supply in order to move the price of the coin in the direction of the US Dollar inflation rate. An elastic supply characteristic and programmatic rebasing protocol will further incentivize participants to drive the price of VuFi to its target (peg) price as well as keep the value unaffected by the fluctuations of USD. This will allow us to create a synthetic commodity of a new generation-the first digital asset that is both stable and liquid.