White paper “HEUR”

HarmonyEuro is meant to be a decentralised version of the Euro , it is in the first place going to be

used in the app Sparkle as a way to store and send value on the Harmony blockchain as a

stablecoin.

HEUR is designed on the Harmony network because of it’s speed and because of the low costs of

transactions.

Details :

Name : HarmonyEuro

Symbol : HEUR

Standard : HRC-20

Dynamics of it’s stable structure:

The token has not been minted and then sold , instead it’s flow is conducted by a smart contract

that issue the token by receiving $ONE and burns the token if them are sent back , giving back

$ONE everything appends at the fixed price of 1 € ; but to avoid the problem that would be caused

by an eventual inflation in price of the $ONE the contract issues 98% of the value sent to it and

keeps the 2% as parachute.

The parachute still not guarantee an exclusion from eventual losses in every scenario.