Debit Coin (DBC) are special tokens intended for the development of a project at the initial stage and further management of it. The number of DBC tokens is equal to 1 billion, their number can be increased only by a general decision of the DBC holders by voting by simple majority.
DBC tokens are not tied to anything, and their value derives from their dividend policy (seigniorage policy) and exchange rate in relation to CENTUS. When the demand for CENTUS grows and the smart contract creates new CENTUS to meet the demand, DBC holders will also receive these newly created CENTUS in proportion to ownership, but only if all BILLEX tokens are redeemed and CENTUS holders received them too. The higher the capitalization of CENTUS, the higher the seigniorage for DBC owners.
DBC holders will be able to receive their seigniorage only after the capitalization of CENTUS reaches at least 10 million. After that, as the system grows and the number of CENTUS in circulation increases, the seigniorage amount for DBC holders will gradually increase from 10% to 50% of the total accrued seigniorage amount.
DBC can always be exchanged for CENTUS at the current exchange rate. The higher the DBC rate, the more CENTUS you can get (the limit is a maximum of 500 CENTUS). DBCs can be exchanged only once, when exchanged, they are removed from circulation and burned.
Thus, DBC owners bear the highest risks. This can be compared to owning common stock in a company, while CENTUS is more like a preferred one with guaranteed seignorage, but no voting rights or over-dividends.