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This week marks the biggest testnet release for Verus and arguably, one of the biggest in DeFi history and the history of money. The core advancement stems from a multi-currency* UTXO-based “basket” that forms one fungible currency with all the benefits of each individual currency, but having the simplicity of one. This can be used as a reserve, and can even be the base reserve and liquidity pool (like Uniswap, Bancor or Balancer) for a token launch or as a gas-free,near-instant conversion mechanism. The system is a fractal, market-driven, and completely liquid worldwide network of independently valued currencies.
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