CrypCore is a dynamic stable coin, the price of crypcore will change from time to time based on market conditions, unlike traditional stable coins crypcore will not be pegged. The crypcore ecosystem is organized in a way that prevents wild swings in the price of CrypCore.
CrypCore is forked from Monero which is built on the cryptographically secure and truly anonymous Cryptonote protocol, the CrypCore ecosystem brings together a solvency equation, a pure crypto exchange and the Cryptonote protocol to create a coin which has a stable price with price stability achieved by averaging the collateral increase with price fluctuations. To this effect CrypCore is a stable coin which operates in a fundamentally different way to traditional stable coins, we will call it a Dynamic Stable Coin (DSC).
CrypCore will earn collateral from the fees charged on the Crypcore exchange, these fees will be added to the collateral of the Crypcore coin thus always increasing the collateral and maintaining the stability of the CrypCore Price.
CrypCore is not to be viewed as traditional crypto currency stable coin but rather a new and innovative approach to achieving price stability in the crypto currency space.