Can the UniDollar (UNISD) Cash in on Proof of Liquidity? — Market Mad House
The UniDollar (UNISD) is a new cryptocurrency built on the simple concepts of Proof of Liquidity (POL).
Simply put, Proof of Liquidity; or Proof of Funds, means an instrument has measurable cash value. Therefore, you can convert a UniDollar into cash fast.
In contrast, it can be hard to convert many older cryptocurrencies into fiat currencies. Hence, it’s difficult to make purchases with those currencies.