DAIQ IS FUCKING PUMPING HERE WE GOOOOOOOO

[Anonymous No.27146739]

Previous thread: >>26856980 (Cross-thread)
https://daiq.io
>What is DAIQ and how does it work?
https://daiquilibrium.medium.com/daiquilibrium-algorithmic-stablecoins-and-daiq-101-guide-410c163cca87?readmore=1
[YouTube] INTRODUCING DAIQUILIBRIUM - A NEW TWIST ON AN ALGORITHMIC STABLECOIN (embed)

DAIQ is an algorithmic "stablecoin" with a dynamic supply, pegged to $1. At the time of this post, 1 DAIQ = 40 cents. You understand the potential gains to be made. This is somewhat of an x2 from there, more or less. But not only. The real fun is during the expansion phase with the rewards for providing liquidity and bonding in the DAO.

The protocol is a fork of ESD/DSD with a DAO following these basic economic/game theory principles:
>When DAIQ > $1, (expansion cycle, FUN PART) holders can bond their tokens in the DAO to receive rewards, thus pushing them to sell their excess and driving the price back down to $1
>When DAIQ < $1, people buy due to greed for the aforementioned rewards and potential profits since it's below its supposed valuation
>When DAIQ < $1, holders also have the possibility of willingly burning part or all of their DAIQ holdings in order to reduce the supply, increasing both demand and DAIQ's value and as a result - this is done by buying a coupon
>people can then redeem said coupons after a time period, get back their tokens with a bonus so they end up in profit

The main advantage of DAIQ compared to DSD is how you can choose the time limit of the coupons. The higher the expiration date of said coupon until DAIQ reaches the peg = lower premium, and vice-versa. It allows any risk profile to participate in the protocol to push the price where it's supposed to be

RISKS AND WARNING SIGNS:
>can be seen as a ponzi scheme
>high volume needed for the cycle to work as intended
>protocol is at all times fighting to maintain a balance between positive market volatility and burned tokens to be redeemed before the beginning of expansion cycle
>experimental token

[Anonymous No.27147482]

waiting on news from the team, confirmed coming out today

[Anonymous No.27148056]

>>27147482
Lamboland here we go

[Anonymous No.27149371]

bump

[Anonymous No.27150748]

bump bump

[Anonymous No.27150812]

in 4 epochs my coupons expire

[Anonymous No.27151127]

>>27146739
based komaeda poster