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Topic: [ANN] *** STABLE TOKENS the HOLY GRAIL of CRYPTO *** [ANN] - page 5. (Read 1888 times)

jr. member
Activity: 252
Merit: 1
STABLE TOKENS - METHODOLOGY!

We will explain how Coin Payment Processor’s stable tokens function.

STABLE TOKENS = ETH & ERC20 TOKENS COLLATERAL +(ETH & ERC20 TOKENS CONVERSION + SUPPLY-DEMAND ADJUSTMENT BY SUPPLEMENTS)
THE SYSTEM IS IN BALANCE 1:2
jr. member
Activity: 252
Merit: 1
The evolution of money is inevitable and it is only a matter of days when a decentralized universal world currency will finally come to life. We are also witnesses of the first examples of free payment without borders, which are done instantly and without a bunch of intermediaries. Also, cryptocurrencies are one step away from getting the role of real money. The Coin Payment Processor Project is therefore on its way to connect all missing links and create a new dimension of global payment.
jr. member
Activity: 252
Merit: 1
THE MOST CONTROVERSIAL WAY TO CREATE A STABLE TOKEN
BURN VALUE

A possible symbolism that is clearer to the crypto community would look like this:

1. The PoW network has operating costs for mains, which are expressed in fixed costs (hardware price) and variable costs (electricity price)
2. The cost price of the newly minted crypto coins is therefore equal to the fixed + variable cost of miners.
3. The value of the newly created crypto coin should therefore be greater or equal to the cost price, otherwise the costs would be higher than the revenue and the mining would be extinguished.
4. So we arrive to the knowledge, where the basic value of the new created crypto coin arises? It comes from the burned value of electricity (consumed and invested)+ hardware price.
jr. member
Activity: 252
Merit: 1
Looking forward to the developments of this project. Great that you have put forward your team it is rare in this MN space.

Thanks! We appreciate your support!
jr. member
Activity: 252
Merit: 1
THE MOST CONTROVERSIAL WAY TO BUILD A STABLE TOKEN!
BURN VALUE

Burn one value and mint another in the same proportion is the basis of the Burn value theory that can serve to create new forms of money or crypto coins.  Shocked
newbie
Activity: 154
Merit: 0
Looking forward to the developments of this project. Great that you have put forward your team it is rare in this MN space.
jr. member
Activity: 252
Merit: 1
THE MOST CONTROVERSIAL WAY TO CREATE A STABLE TOKEN
BURN VALUE

A Guarantee (or a collateral that has its own guarantee) can make money and give him a value out of nothing. Implicitly one value goes to another, and so the object that guarantees transfer his value to the subject-money. Burn value theory, in fact, guarantees that a certain “object value” is spent on creating another “subject value”, but in an explicit manner. This literally means that the value is never lost as the Energy, and that the change of the “aggregate state” shifts from one form to another and allows the creation of the value of new money from the old.
jr. member
Activity: 252
Merit: 1
THE MOST CONTROVERSIAL WAY TO BUILD A STABLE TOKEN
BURN VALUE

How does money get value? Given that the notion of money is related exclusively to people and human-centered system, human psychology and belief play a major role in this. That is why there are two quite simple options in circulation, GUARANTEE and CONSENSUS.
newbie
Activity: 22
Merit: 0
I’ve read your project and read the comments of the people who care about the project. It’s very interesting.
 
newbie
Activity: 18
Merit: 0
The project is very interesting and promising. I like and want to participate in this project. Hope that many people are interested in your project
newbie
Activity: 99
Merit: 0
Interesting project for me. I'd like to read more about it. I hope that many people are interested in your project and it will get a hug of successful in near future!
jr. member
Activity: 252
Merit: 1
Characteristics of this theory are:

5. the price of Stable Tokens is derived based on the constant proportion of trade volume ETH/USD and is expressed in proportion ST/ETH, which means that ST:USD is always 1:1 at each calculation of the loan

6. If a user performs a loan repayment, he executes a buyback of the personal collateral ETH which is calculated by the LIFO method, and therefore in every future moment there is a personal extra gain or loss

7. Personal extra gain happens if the current market trade volume ETH/USD is bigger than the one calculated at the moment of personal loan ST/ETH (ETH/USD — ST/ETH = personal extra gain)

8. Personal extra loss happens if the current market proportion of ETH/USD is smaller than the one that is calculated at the moment of the personal loan ST/ETH (ST/ETH-ETH/USD = personal extra loss)

9. According to this theory, stability is always guaranteed 1:1, but the client has to additionally pay for the extra loss or to receive extra gain at the time of the loan repayment
jr. member
Activity: 252
Merit: 1
Characteristics of this theory are:

1. the system is always backed (the number of Stable Tokens minted is the same number that can be retrieved at any moment)
2. the system has neither a surplus nor a shortage, because it is based on a constant proportion of exchange and not on a collateral.
3. market cap of the collateral would not be calculated by the current market rate but as a sum of all personal collateral prices.
4. expiration date of the loan would be unlimited as well as the amount that can be borrowed

jr. member
Activity: 252
Merit: 1
Looks interesting! I think this will be one of the most promising projects but need to know more a bit. Waiting for more information and if there's a bounty program I would love to help spread the world 



Thanks! We share your enthusiasm!  Grin All you need to know about this project and bounty program will be announced in this topic Smiley So, stick around! We appreciate your support  Smiley
newbie
Activity: 18
Merit: 0
Looks interesting! I think this will be one of the most promising projects but need to know more a bit. Waiting for more information and if there's a bounty program I would love to help spread the world 

jr. member
Activity: 252
Merit: 1
SIMPLE WAY TO CREATE STABLE TOKENS
PERSONAL LOAN WITH LIFO COLLATERAL

The procedure of closing the personal loan position is simple and it creates the possibility to make a refund of borrowed Stable Tokens with the release of the guarantee — ETH stocked by the LIFO method (last in first out).
That means that the user can have multiple active personal loans, and perform closing starting from the last opened loan made at the repo rate and proportion that was valid on the public Smart Contract with the safe custodian that is not privately owned.

jr. member
Activity: 252
Merit: 1
SIMPLE WAY TO CREATE STABLE TOKENS
PERSONAL LOAN WITH LIFO COLLATERAL

...This personal loan would be transacted by the agreed proportion, e.i. repo rate. In case that Stable Token is pegged to USD in proportion 1:1, then the repo price would be iETH Price Index iETH/USD and pegged exclusively for the specific user, that is, its public address.

During this procedure, personal collateral would create-mint, through Smart Contract, specific number of new Stable Tokens, that would, in this case, automatically receive value 1:1 in relation to USD.

In this initial process of creating Stable Tokens, converted value is the same as the value of USD, and it cannot be changed over time. With this procedure of initial creation, Stable Tokens confirm their fixed value that simultaneously represent the possibility to make payments with them for various goods and services.

For the whole article, visit https://medium.com/cp-processor/simple-way-to-create-stable-tokens-9a703c1d59fc
jr. member
Activity: 252
Merit: 1
Hello and congrats on the awesome project. Is there going to be a bounty campaign?

Thanks! We appreciate your feedback  Cheesy Yes, there will be a bounty campaign for further development of project  Grin We will announce it in the following weeks... Stay tuned  Wink
jr. member
Activity: 252
Merit: 1
SIMPLE WAY TO CREATE STABLE TOKENS
PERSONAL LOAN WITH LIFO COLLATERAL

No matter where you are, the simplest way to come into possession of Stable Tokens is, of course, to borrow them. In order to personally borrow them, you only have to have a certain guarantee. What would be logical in the world of cryptocurrency is to guarantee and deposit a second crypto currency for borrowing the first at a negotiated proportion and on a decentralized network which can execute this for all users equally by using independent Smart ContractSmiley

In that way we get a Stable Token personal loan with LIFO collateral ETH , by the agreed proportion — repo rate. That represents the unique method for any user on Ethereum decentralized network to execute collateral of its ETH for Stable Token through the Smart Contract...
member
Activity: 266
Merit: 10
Hello and congrats on the awesome project. Is there going to be a bounty campaign?
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