Dynamic Set Dollar (DSD) — a self-stabilizing decentralized censorship-resistant unsecured stablecoin ERC-20 US dollar.
Contents:
Description of the Dynamic Set Dollar
Dynamic Set Dollar — a decentralized, self-stabilizing and censorship-resistant stablecoin without any collateral support. Oracle-centric pricing for voluntary elasticity is used without the need to rely on third parties.
Some advantages:
| 1. | No venture capital. |
| 2. | Early caller empowerment. |
| 3. | Voluntary change of the offer |
To maintain the peg to the US dollar, DSD has 12 epochs per day during which the DSD supply change is managed. The epoch defines the period between relocation events during which supply regulation is carried out and supply expansion or contraction is estimated.
Debt: if the price is below $ 1 DSD TWAP, supply will decline and the platform will mint a new debt. This debt can be purchased in the form of Treasury securities (TS), which can be redeemed for DSD at a premium once the future era is positive again. Regulation of the offer: the change in the offer depends solely on the price of DSD TWAP. If the price is above $ 1, the offer will expand. To participate in the expansion of the offering, all TSs must be redeemed first and you must either put your DSD in the DAO or be a liquidity provider.
Additional information
There is no WhitePaper document on the site, so all necessary information is available on the main page. Study all features of the project to assess its main advantages.
From social networks, the community leads:
- discord;
- twitter;
- telegram.
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