Sustainability of the Negatively Amortized Instant Loans
Abstract. Blockchain evolution can be equally enabled by the new infrastructure, as well as, the new financial tools. This paper proposes a fast-slow token system called Satoshi Nakamoto Leverage (SNL), which can largely reduce overall volatility of purely virtual base assets like Ethereum (ETH). SNL smart contract is programmed as an artificially less liquid or slower crypto asset and provides a reasonable "storage of value" investment alternative. Further discussion covers SNL design, its implementation and market performance based on tests results and trading simulation analyzes.
SNaiL aka "Satoshi Nakamoto Leverage" [SNL] tokens 🐌
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Wallet DApp | .ETH Domain: slowsnail.eth | Gitlab | Paper
The paper and work has been published on Gitlab. I have also made an announcement in this post that I am looking for people who can challenge proposed ideas, as well as, experts who can review the work and implementation (or, most importantly, provide suggestions and contribute to the future work).
Token is implemented and deployed on the mainnet. It can be bought/sold directly via the contract using wallet app.
Thank you for you help and interest with this important work!
Takeshi Kodo
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E833 2199 1032 899B B1F3 98C5 6477 FAE3 AFC3 4518
Topic: [ANN][SNL] Crypto resistance: from sustainable finance to super-liquidity 🐌 (Read 161 times)
June 14, 2019, 04:10:30 PM
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