Short introduction about $RSD #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