Post
Topic
Board Economics
Re: Our new economic model could be defi
by
VictorProsh
on 16/12/2020, 17:40:28 UTC
38. When creating this project, I did not initially set myself the task of repeating BITCOIN or something similar. I was looking for solutions to preserve financial assets in crypto currency. With any volatility in ETH, the ETH-WORLD asset grows. The maximum amount of the deposit, I suppose, will issue 80-85 million ETH-WORLD smart contract tokens, which means there are only 8-8.5 million free tokens, while the smart contract deposit volume will be only 50-60% of the total amount of all ETH.
If you can refute this by supporting your arguments with calculations, I will be grateful to you.

I've highlighted the part that will go wrong.

Your idea is not new it's not revolutionary it's not even new in the fiat world, you think that locking coins would mean decreased volatility and thus it will increase the price but that things don't work, your whole idea is an increased deflation but not counting you are creating inflation with the rise in the price of your so-called safe token.
As I said, it works on paper but it doesn't work in reality, that's why makerdao who were one of the first to come with an idea about stability had to adjust their whole plan, yours is similar to SAI, read their whitepaper and you will understand why the whole burning and creating tokens for stability plan was abandoned in favor of a stable coin pegging.

Anyhow, this is not going anywhere, strat your token and you'll be able to come and laugh in my face once you succeed.
But I wonder how will you manage to do when a hundred others have had and tried to apply the same idea and failed.





You wrote a lot of words about nothing, where is the specifics? You write inflation, deflation, prove your specific examples from what you draw your conclusions. Economics requires accuracy in calculations, in place of this you yourself laugh in my face, avoiding the facts of evidence. If you can refute this by supporting your arguments with calculations, I will be grateful to you.