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/biz/ - Business & Finance

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27337420 No.27337420 [Reply] [Original]

FedCash is a fully decentralized fractional reserve cryptocurrency. No pre-mine, no dev-fund, no investors.

In the FedCash kingdom, FedCash is the stablecoin. FedShare is the algorithmic token.

To mint 1 FedCash, a user must deposit $1 in value, split between stablecoin collateral and FedShare. The ratio of each is determined by the global reserve ratio.

For example, if the reserve ratio is 75%, 1 FedCash required $0.75 stablecoin and $0.25 FedShare.

The reserve ratio is decreased by 0.5% if FedCash is trading above $1 every 8 hours. The reserve ratio is increased by 0.5% if FedCash is trading below $1 every 8 hours.

Website
fed.cash

FedShare Dextools:
https://www.dextools.io/app/uniswap/pair-explorer/0x04602ecdce7dabf2d28946bb599fdd2fb27dec34

TimeLock: https://etherscan.io/address/0xB0D8451d8970E18e6249F89111fA7208c6B308B4

>> No.27338123

there no liq at all kek, how this works?

>> No.27338221
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27338221

>FED
will not, in good faith, invest in anything that glows in the dark

>> No.27338392

>Grown man desires milkers made for babies
Fuck bros do you even realise how fucked up you are? seek help