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
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)🔴
$BTC $ETH $USDT $BUSD $USDC $USD $EUR $DAI $ESD $DSD
@threadreaderapp unroll

More from Finance

You May Also Like