🥇FxD: Coin Overview

FxD Token Overview (central-peg, DeFi, cryptocurrency reserve, not pegged to gold)

Watch the video below and/or read the explanation on this page.

FxD token:

• 1 FxD token with a value of 1.000000000000000001 (18 decimal places)

• A second, "asset(s)" token(s) (issuance size can change) is used for:

  • Stability via simple, forkable, audited, public algorithm.

  • Price feed(s) come from off-chain data feeds that have traceable & easily quantifiable & predictable supply & demand channels.

    • Data source(s) are public and already considered national security-related (and manipulated by national security interests)

  • Collateral held in more than 1 "neutral" location(s) (i.e. Switzerland) & 100% redeemable.

  • There are multiple assets of more than 2 very sectors that can be swapped as the stabilizer:

    • 1 commoditized-asset-token type is used at a time, chosen based on:

      • the statistical probability of predictive price

      • lowest volatility

      • the lowest risk of black-swan event, the analysis includes socio-political factors.

  • Price feeds are not connected to where assets are physically vaulted for redemption

  • Real collateral quantity is balanced to represent the algorithm.

  • DAO must have 100% real holdings for each asset token that can be used.

    • The result is overabundance of multiple assets, and types, backing FxD.

    • Surplus reserves of each token (asset-class) produce ancillary income as marketable investment instruments - when not being used.

    • This serves as coverage in extreme, downward, market volatility.

  • Adjustments to collateral(s) do not impact price negatively but increase its value.

  • FxD price rises purposely, using a discounting multiple, as more reserves are added.

  • Cryptocurrencies like Bitcoin, Ethereum are supported as well.