Introduction: RealStableDollar
Real Stable Dollar is a fork inspired by the Empty Set Dollar (ESD) and Dynamic Set Dollar (DSD) projects.
Real Stable Dollar is a decentralized stablecoin that uses a supply elasticity method around a Time Weighted Average Price (TWAP) for price stability. It’s an algorithmic stablecoin that uses TWAP to maintain the price at $1.
Features
🟠 Epoch Time: 1 Hr (Configurable by DAO voting)
🟠 DAO lock up 72 epochs (3 Days)
🟠 LP lock up 48 epochs (2 Days)
🟠 Supply change limit Per Epoch
First 3 Days: 2.5%
After 3 Days: 1.5%
🟠 Decentralized Governance
🟠 USDC pool
🟠 5% tax on selling during contraction period
🟠 When out of contraction period, two epochs will also have 5% Tax
🟠 Bootstrapping period: 12 days
Tax Distribution:
- 50% goes to LP
- 50% goes to the treasury
(LP holders are incentivised to provide liquidity in Debt Period also)
DAO controlled Treasury:
Token Buy Back, Token Burn, Partnerships, Paying for Marketing.
Dao Voting Power:
Change of epoch time
Change of tax percentage
Change of lp lockup
Change of dao lockup
Other changes as required
Coupon Expiry period
Coupon expiry: 60 days
(configurable by DAO voting)
🔴Distribution: 3500 initial mint (plus 50 advance)🔴
LP: 1800
Airdrop :800
Influencers: 300
Team: 600 total (How team token distributed: 3 dev get 50 each on 1st day, then 30% every week)
First advance: 50