/biz/ - Business & Finance

is true seigniorage

apollo protocol will be too strong

This is what true seigniorage looks like

>>28733149
no i will not sir!

3rd token governance. The shares token mediates between the growth token and the stable token, so incentives and stability can both be preserved :]

true seigniorage coming at ya

>>28546730
sure anon
It's the first stablecoin system with true seigniorage through 3rd token governance.
>$AOX growth is pegged to a diverse basket of assets (GDPs, currencies, tangibles), good hedge against inflation. Onramp to $AOY
>$AOY stable is fully collateralized and pegged to a currency (USD first, more later)
>$AOZ shares mediates between $AOX and $AOY, ensuring that $AOY remains stable. Also acts as shares in the ecosystem and provides governance.

Unlike current seigniorage tokens, volatility is decoupled- growth and stability both exist together in the long term.

$AOX lets you permalock to earn through rebasing, highest risk but potential for compound growth. Staking AOX to provide liquidity, or bonding/staking AOZ will also earn you more AOX, less risk but additive growth.

I'm leaning towards something between lion and wolf- stake AOX but then immediately stake any rewards I get. That way I still have the possibility of compound growth, but with far less risk than permalocking.

>Existing stablecoins only have proto seigniorage
Decoupling stability with a 3rd token that mediates between growth token and stable token solves the puzzle.

AOX growth is pegged to a diverse basket of assets
>Top 7 GDPs, currencies, and assets, each weighted by growth and decay
>Moving peg + market forces = volatility needed to build collateral for AOY
>Perfect hedge against inflation

>>28528548
this is the first take on seigniorage where volatility is decoupled, so incentives and stability can both be ensured in the long term.

>>28313233
First stablecoin with true seigniorage through 3 token governance:
>$AOX growth is pegged to a diverse basket of assets, so it's a volatile hedge against inflation
>$AOY stable is pegged to currencies and collateralized by $AOX
>$AOZ shares mediates between the two, ensuring stability and providing governance

First stablecoin to decouple volatility, ensuring incentives and stability in the long run. Other stablecoin projects are already getting behind it.

true seigniorage ftw

apolloprotocol.org launching in 1 week
>Stablecoin system with 3 token governance, first complete seigniorage model

>growth token AOX pegged to diverse basket of currencies, GDPs, and assets. Volatile, hedge against inflation, rewards through rebasing. Onramp to AOY
>stable token AOY, fully collateralized
>shares token AOZ, absorbs volatility from AOY and provides governance

>thus volatility is decoupled, preserving incentives and stability in the long term

>>28146500
checked. Heat sink seems like a dope analogy;you may not be retarded. It absorbs volatility from AOY, completing the seigniorage puzzle. It also acts as shares in owning the system and provides governance.

So there is reward for holding / bonding / staking AOZ as well. It'll be less risky than permalocking AOX.

>permalock AOX: exponential growth with high risk
>pool AOX: additive growth with medium risk

so this is what the ground floor looks like. nice.

>>28120039
tentatively the 15th, uniswap, AOX and AOZ

>>28119711
third token governance means that volatility is decoupled, so the growth token can stay volatile and compensated while the stable token stays stable
>AOX casino
>AOY bank
>AOZ own shares in both

>AOX growth is pegged to a diverse basket of assets indexing the global economy
>AOY is pegged to currencies and faithfully collateralized
>AOZ is shares and governance

Who's buying next week? I'm thinking:
>33% locked AOX
>33% pooled AOX
>33% bonded AOZ
>1% doge

>>28046177
same but in celsius. I think this image helps. It seems like AOX has a peg but is also volatile

>>28041529
Similar, but Apollo Protocol's seigniorage model is complete. Using a third token to mediate between the growth and stable tokens will be a game-changer. Volatility is coupled so both growth and stability are preserved.