/biz/ - Business & Finance

>tfw tired of rebasing my net worth by -80% in 3 negative rebases

Dollar Protocol is based and it's also based on the whitepaper of one of ETH og's Robert Sams.
It's a multi-layered algorithmic stablecoin and the first and only one of its kind. DOLLARS (USDX) is the stablecoin, SHARE gives you passive income in form of airdropping DOLLARS, and later even YUAN and EUR on positive rebases!
It also functions as a speculative asset and you get governance rights in the completely community-based network.
The best thing is you can escape negative rebases if the time weighted average price (TWAP) of 12 hours fall below 0.95 $ by locking your DOLLARS for xBOND, which gives you 50% of the positive rebases in DOLLAR. This ensures an intrinsic value of xBOND (around 3.1xDOLLARS as we speak), will later be able to farm SHARE or DOLLARS as well and will be freely tradable on the open market.
>tldr Buy SHARE, earn DOLLAR, never experience negative rebases by buying xBOND .

https://www.coingecko.com/en/coins/seigniorage-shares

https://www.dextools.io/app/uniswap/pair-explorer/0x18f238a96392a8fabb87065b5129dd00192e6cb1

Medium for v1, v2 is following:
https://dollarprotocol.medium.com/

https://github.com/rmsams/stablecoins/blob/master/paper.pdf

t.me/dollarprotocol