Topic: [ANN] Tiger Whitepaper (Read 125 times)
TigerToken had been launched in BSC. TigerToken contract 0x377f20d22748d906F2B7933db2177C3f12e25b39
15th,Feb
:(when launched
CLUB, [2022/1/31 12:05 AM]
Tiger Whitepaper
Tiger is a deflationary asset agreement that solves the "death spiral" caused by traditional mining "inflationary output" and makes it easier to preserve and increase the value of each Tiger, which is easier to rise than to fall.
Profile
This paper introduces a kind of inflation-resistant crypto digital asset that uses blockchain technology, utilizes decentralized exchanges and smart contracts, and gradually synthesizes an inflation-resistant crypto digital asset according to the principle of deflationary appreciation.The traditional financial market has disadvantages such as excessive currency issuance, opaque rules and market manipulation by a few people.The birth of Bitcoin broke the shackles of centralized finance, and for the first time, there were assets that could not be controlled by centralized financial institutions.Ethereum's smart contracts make our digital assets smarter, allowing contracts to be executed automatically without the intervention of a third party central authority.However, the drawbacks of the development of the industry still exist. A large number of digital assets have been issued, making crypto assets, which are supposed to be anti-inflation, become financial products with the highest inflation rate instead.Digital assets, which are decentralized in their own right, are mostly centralized exchanges where trading is most important.These are the obstacles on the road of the development of the digital asset industry and the bottleneck of the development of the digital asset industry.With the advent of DEX, the trading process became decentralized, and the decentralized trading platform enabled us to implement our idea of synthesizing inflation-proof digital assets, and it also gave us a bigger insight.
Synthetic digital assets
Considering that the traditional definition of each currency actually refers to not one but two distinct characteristics, the inadequacy of the standard money-money-commodity-money dichotomy becomes apparent: commodity money has a non-monetary use value and is naturally or inevitably scarce;A fiat currency has no non-monetary use value and is scarce only because of centralized institutional design.
Advances in computer technology since Friedman first proposed computer-controlled monetary rules have not only made this immutable, synthetic commodity version of his advice possible.They have created an actual elastic synthetic commodity, private digital or "network" of money, rather than an automatic increase in the stock of government-authorized paper money, though the speed eventually drops to zero, converting it into an inelastic synthetic commodity.Launched in 2009, Bitcoin "blocks" are created by "miners" by solving a mathematical problem. The size of the blocks and the difficulty of the problem can be adjusted to keep the total output of Bitcoin on a fixed schedule.As the number of miners in the network changes, the difficulty of the questions is adjusted to ensure that bitcoins are generated at a predetermined rate, rather than faster or slower.Initially, about 50 bitcoins were issued every ten minutes, halving every four years.At that rate, 10.5 million bitcoins will be created in the first four years, half that in the next four, and so on, approaching but never reaching the total supply of 21 million bitcoins.Although some enterprising miners have been able to achieve relatively high bitcoin yields by forming "pools" with lots of computer power, by doing so they have only changed the collective share of total Bitcoin output, not the whole itself.
Bitcoin raises the intriguing possibility that one could create a synthetic digital asset based on a production "protocol" that might replicate the results of almost any conceivable monetary rule.The currency, for example, remains inflation-resistant under conditions of one-way deflation.Tiger was built with that in mind.
Tiger forges inflation-proof assets
Tiger is a synthetic inflation-proof digital asset anchored to rising prices.New mines are created only when tokens are transferred and consumed. Tiger solves the "death spiral" caused by traditional mining "planned output", making it easier for each Tiger to maintain and increase value, and easier to rise than to fall.
Forging Process
The output of Tiger is as follows: 1 Users purchase Tiger and provide liquidity to tiger-USDT trading pairs to obtain LP.2 In Tiger smart contract collateral liquidity LP mining.3 70%Tiger of 5% consumed by each transfer goes into the liquid mine pool.4 Each user calculates the corresponding output according to the proportion of LP and mining time.
Five DEX and liquidity mining
Uniswap is a decentralized digital currency exchange (DEX) on Ethereum and can also be considered a Defi (decentralized finance).Let's talk a little bit about these concepts: Constant product algorithm: it can be simply thought of as X * Y = K, where K (product) remains constant, so it is called constant product algorithm. The function is an inverse curve.Automated liquidity agreements, commonly known as automated market making.In the formula above, the ratio of X to Y is usually called price.When X changes, according to the product is constant, Y also changes, so X/Y is also the price changes, so it is called automatic market making.It is possible to provide both X and Y in proportion to each other, and this operation is called increasing (providing) liquidity.Although the K value after the increase of liquidity changes compared with the previous, it remains unchanged in subsequent transactions.In turn, there have been moves to reduce liquidity.The general formula for trading X and Y is similar to :(X + X0) * (y-y0) = K.This formula is expressed as providing (x0 quantity) X to obtain (y0 quantity) Y.Uniswap is the basis of the current defIS.
About liquidity mining.The above introduces the trading methods and principles of decentralized exchange, which involves the calculation of two tokens in the capital pool.Automatic market making is possible only if there is sufficient liquidity in the trading pool, and the more the better.According to the automatic market-making algorithm, the greater the liquidity, the smaller the price rise caused by the same amount of buying, and the smaller the price fall caused by the same amount of selling.Conversely, the smaller the liquidity, the greater the price rise caused by the same amount of buying, and the greater the price fall caused by the same amount of selling.Therefore, liquidity is related to whether the buyer can buy the currency with a relatively low increase, and whether the seller can sell the currency with a relatively low decline. Good liquidity is the key to a good experience for DEX traders.Liquidity needs users to provide, how to motivate users to provide liquidity, liquidity mining arises at the historic moment.Liquidity mining is to motivate users to increase liquidity and lock liquidity LP in the form of bitcoin mining reward, so that the decentralized trading pool can maintain stable growth and make assets have better liquidity.
Tiger trades on Pancakeswap, a decentralized exchange on binsecurity's smart chain, and mines through liquidity.
Community mining
Tiger mining is fluid mining. All new miners need to access the Dapp via the pool invitation link to join the pool before they can mine.The inviter must already be invited for the invitation link to be valid.Invitations are chained and never lost.
Mortgage and burning
In order to prevent excessive speculation, the redemption of liquidity mining LP will have the following rules, mortgage the first month of redemption deduct 30% LP, the second month of redemption will deduct 20% LP, the third month of redemption LP will deduct 10% LP, free redemption after three months.For the LP deducted, the corresponding Tiger will be destroyed, and the corresponding USDT will purchase Tiger destruction.
Foundation
For each transfer, 5% of Tiger will be deducted, 70% of which will go to the mine pool and 30% to the foundation for project operation promotion and subsequent development. The initial total number of Tiger is 10,000, and the subsequent consumption of transfer and mortgage will gradually decrease. The deflationary output is easy to rise but difficult to fall.
Tiger ecological
As Tiger Ecology's initial project, NFT games will be followed up with a earn while play mode.We will create our DAO organization in Snapshot or Colony.
Tiger is a community-led decentralized project where tokens can be used for community governance of Tiger ecology, making decisions on major issues in the community.Such as voting on the percentage of transaction fees, consideration of other important rules, and the decision to deflate the periodic repurchase and destruction of tokens.
Tiger Whitepaper
Tiger is a deflationary asset agreement that solves the "death spiral" caused by traditional mining "inflationary output" and makes it easier to preserve and increase the value of each Tiger, which is easier to rise than to fall.
Profile
This paper introduces a kind of inflation-resistant crypto digital asset that uses blockchain technology, utilizes decentralized exchanges and smart contracts, and gradually synthesizes an inflation-resistant crypto digital asset according to the principle of deflationary appreciation.The traditional financial market has disadvantages such as excessive currency issuance, opaque rules and market manipulation by a few people.The birth of Bitcoin broke the shackles of centralized finance, and for the first time, there were assets that could not be controlled by centralized financial institutions.Ethereum's smart contracts make our digital assets smarter, allowing contracts to be executed automatically without the intervention of a third party central authority.However, the drawbacks of the development of the industry still exist. A large number of digital assets have been issued, making crypto assets, which are supposed to be anti-inflation, become financial products with the highest inflation rate instead.Digital assets, which are decentralized in their own right, are mostly centralized exchanges where trading is most important.These are the obstacles on the road of the development of the digital asset industry and the bottleneck of the development of the digital asset industry.With the advent of DEX, the trading process became decentralized, and the decentralized trading platform enabled us to implement our idea of synthesizing inflation-proof digital assets, and it also gave us a bigger insight.
Synthetic digital assets
Considering that the traditional definition of each currency actually refers to not one but two distinct characteristics, the inadequacy of the standard money-money-commodity-money dichotomy becomes apparent: commodity money has a non-monetary use value and is naturally or inevitably scarce;A fiat currency has no non-monetary use value and is scarce only because of centralized institutional design.
Advances in computer technology since Friedman first proposed computer-controlled monetary rules have not only made this immutable, synthetic commodity version of his advice possible.They have created an actual elastic synthetic commodity, private digital or "network" of money, rather than an automatic increase in the stock of government-authorized paper money, though the speed eventually drops to zero, converting it into an inelastic synthetic commodity.Launched in 2009, Bitcoin "blocks" are created by "miners" by solving a mathematical problem. The size of the blocks and the difficulty of the problem can be adjusted to keep the total output of Bitcoin on a fixed schedule.As the number of miners in the network changes, the difficulty of the questions is adjusted to ensure that bitcoins are generated at a predetermined rate, rather than faster or slower.Initially, about 50 bitcoins were issued every ten minutes, halving every four years.At that rate, 10.5 million bitcoins will be created in the first four years, half that in the next four, and so on, approaching but never reaching the total supply of 21 million bitcoins.Although some enterprising miners have been able to achieve relatively high bitcoin yields by forming "pools" with lots of computer power, by doing so they have only changed the collective share of total Bitcoin output, not the whole itself.
Bitcoin raises the intriguing possibility that one could create a synthetic digital asset based on a production "protocol" that might replicate the results of almost any conceivable monetary rule.The currency, for example, remains inflation-resistant under conditions of one-way deflation.Tiger was built with that in mind.
Tiger forges inflation-proof assets
Tiger is a synthetic inflation-proof digital asset anchored to rising prices.New mines are created only when tokens are transferred and consumed. Tiger solves the "death spiral" caused by traditional mining "planned output", making it easier for each Tiger to maintain and increase value, and easier to rise than to fall.
Forging Process
The output of Tiger is as follows: 1 Users purchase Tiger and provide liquidity to tiger-USDT trading pairs to obtain LP.2 In Tiger smart contract collateral liquidity LP mining.3 70%Tiger of 5% consumed by each transfer goes into the liquid mine pool.4 Each user calculates the corresponding output according to the proportion of LP and mining time.
Five DEX and liquidity mining
Uniswap is a decentralized digital currency exchange (DEX) on Ethereum and can also be considered a Defi (decentralized finance).Let's talk a little bit about these concepts: Constant product algorithm: it can be simply thought of as X * Y = K, where K (product) remains constant, so it is called constant product algorithm. The function is an inverse curve.Automated liquidity agreements, commonly known as automated market making.In the formula above, the ratio of X to Y is usually called price.When X changes, according to the product is constant, Y also changes, so X/Y is also the price changes, so it is called automatic market making.It is possible to provide both X and Y in proportion to each other, and this operation is called increasing (providing) liquidity.Although the K value after the increase of liquidity changes compared with the previous, it remains unchanged in subsequent transactions.In turn, there have been moves to reduce liquidity.The general formula for trading X and Y is similar to :(X + X0) * (y-y0) = K.This formula is expressed as providing (x0 quantity) X to obtain (y0 quantity) Y.Uniswap is the basis of the current defIS.
About liquidity mining.The above introduces the trading methods and principles of decentralized exchange, which involves the calculation of two tokens in the capital pool.Automatic market making is possible only if there is sufficient liquidity in the trading pool, and the more the better.According to the automatic market-making algorithm, the greater the liquidity, the smaller the price rise caused by the same amount of buying, and the smaller the price fall caused by the same amount of selling.Conversely, the smaller the liquidity, the greater the price rise caused by the same amount of buying, and the greater the price fall caused by the same amount of selling.Therefore, liquidity is related to whether the buyer can buy the currency with a relatively low increase, and whether the seller can sell the currency with a relatively low decline. Good liquidity is the key to a good experience for DEX traders.Liquidity needs users to provide, how to motivate users to provide liquidity, liquidity mining arises at the historic moment.Liquidity mining is to motivate users to increase liquidity and lock liquidity LP in the form of bitcoin mining reward, so that the decentralized trading pool can maintain stable growth and make assets have better liquidity.
Tiger trades on Pancakeswap, a decentralized exchange on binsecurity's smart chain, and mines through liquidity.
Community mining
Tiger mining is fluid mining. All new miners need to access the Dapp via the pool invitation link to join the pool before they can mine.The inviter must already be invited for the invitation link to be valid.Invitations are chained and never lost.
Mortgage and burning
In order to prevent excessive speculation, the redemption of liquidity mining LP will have the following rules, mortgage the first month of redemption deduct 30% LP, the second month of redemption will deduct 20% LP, the third month of redemption LP will deduct 10% LP, free redemption after three months.For the LP deducted, the corresponding Tiger will be destroyed, and the corresponding USDT will purchase Tiger destruction.
Foundation
For each transfer, 5% of Tiger will be deducted, 70% of which will go to the mine pool and 30% to the foundation for project operation promotion and subsequent development. The initial total number of Tiger is 10,000, and the subsequent consumption of transfer and mortgage will gradually decrease. The deflationary output is easy to rise but difficult to fall.
Tiger ecological
As Tiger Ecology's initial project, NFT games will be followed up with a earn while play mode.We will create our DAO organization in Snapshot or Colony.
Tiger is a community-led decentralized project where tokens can be used for community governance of Tiger ecology, making decisions on major issues in the community.Such as voting on the percentage of transaction fees, consideration of other important rules, and the decision to deflate the periodic repurchase and destruction of tokens.
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