Settlement Currency

In the Juvantia economy, only one settlement currency is supported and used: EUR, represented digitally by EURC (Circle's Euro-backed stablecoin).

1. Key Principles

• Clean Interface: To prevent confusion and maintain focus on Juvantia operations, no extraneous cryptocurrencies or volatile assets are displayed within your application interface.
• No Native Gas Fees Required: You do not need to purchase or hold any native gas currencies to pay for transactions. The Juvantia Foundation sponsors all transactions involving park assets and EURC, making operations completely gasless for the end user.
• 1:1 Backing: Every EURC is backed by euro-denominated reserves held in regulated financial institutions.