/biz/ - Business & Finance

>>25911939

DSD admin

https://medium.com/basis-gold/introducing-basis-gold-7ae25750903e

Price went up recently because of Basis Gold, built on the Build.finance platform, was announced (will start in 3 days). Due to the founder of Build, 0xdev0 (he also made https://dsd.tools/)) being a prominent member of the DSD community it's gaining quite some traction under Dynamic Set Dollar supporters and early adopters (read:whales). If you read the medium article, the project is about an algorithmic synthetic gold asset that has the same mechanics as Dynamic Set Dollar. The BSG token is targeting the price of gold (currently $1,850). One of the methods how the initial 50 BSG tokens get distributed is providing to the BUILD/ETH pool. This is why I'm expecting the price of BUILD to keep climbing the next 3 days, when farming starts.

Starting to catch on with the DSD main dev.

>>25771513
Yeah it's a seigniorage concept. Hence why he is involved with DSD. He's also offering DSD and coupon pools for Basis Gold and the main dev of DSD is raving about it. I'm really expecting this to get popular fast.

No one? Let me throw in a nugget of knowledge to up the shilling:

It is especially interesting when you look at the Basis Gold project which goes live in 5 days (more here: https://medium.com/basis-gold/introducing-basis-gold-7ae25750903e)), which is now gaining traction in the DSD community of which 0xdev0, the founder of BUILD is a prominent member. He created the main dashboard for example: https://dsd.tools/.. If you read the medium article, the project is about an algorithmic synthetic gold asset that has the same mechanics as Dynamic Set Dollar. The BSG token is targeting the price of gold (currently $1,850). One of the methods how the initial 50 BSG tokens get distributed is providing to the BUILD/ETH pool.

The telegram for the project was launched this morning. A lot of prominent DSD members and early supporters (read: whales) joined. I'm fully expecting this to blow up, as well as the demand for BUILD. Considering the low mcap... do the math.

Pic is from an admin/dev in the DSD discord channel.

DSD main devs now picking up on it too