Re: Obyte: Totally new consensus algorithm + private untraceable payments

Another stablecoin: GB2.

It represents a 2x leveraged position in GBYTE vs USD. The price of the token is currently about 23 GBYTE, the same as the price of GBYTE in USD. That is, the price in USD is 23-squared now and is pegged to (GBYTE/USD)². Try it out https://ostable.org/trade/MCZAGO47NLPO25KOOJHN22PNKEGLQ6XV#buy.

If 2x leverage is too small for you, feel free to create a 10x, just specify the desired leverage on the create page https://ostable.org/create.

Warning: trading with leverage is dangerous as leverage multiplies your losses (and gains).

Hmm... Last three days GB2 price is 15-30% below target. Is it broken?

Nope, there was just pump in price, so there is now opportunity to fix the peg by buying more governance tokens or redeeming GB2 tokens. Fixing the peg would give reward from fast capacitor.

What can gives the initiative to buy governance tokens in such cases?
Capacitor may be almost empty when all previous trades was near optimal (bought/sold both t1&t2 with target proportion).