How long will the BTC price rise last and will it affect Totem?

What exchanges have been already connected to totem?

Hello! 👋🏻 In this post, we will tell you about the Totem stabilization mechanism

💳 The stabilization mechanism is a mechanism that mitigates fluctuations in the market price of a token and the risks of default by a company that has committed to redeeming the token with labor. In the case of TOTEM, we use the aDai token for this.

📌 It is pegged to the US dollar at a rate of 1 aDai = 1 USD, and the Totem network is used to maintain this value. How does the TOT stabilization mechanism work?

🔹 Configures the CDP risk parameters. Thus, all holders of the TOT token are entitled to manage the risks of the network. They can configure these parameters both manually and automatically.

🔹 You can customize the auction liquidation parameters. It is necessary to balance profit and accumulated debt. So, thanks to him, the system is stable. The stability fee is recorded as profit.

🔹 All holders of TOT tokens have the right to vote on the addition of new cryptocurrency assets that will ensure the creation of new CDPs, as well as the parameters of its risk and liquidation auction.

🔹 In addition, all token holders also have the right to vote to remove crypto assets that secure them for future CDPs.

🔹 Configures the oracle machines. They are necessary for the network to work, so token holders can vote to add new ones or delete old oracle machines.

✅ Thus, thanks to the stabilization mechanism, it is possible to successfully maintain the token price at the level required for the market. Holders of TOT tokens can directly participate in decision making by voting.

📢 Learn more about the Totem project on our website: http://totprotocol.com/

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OK and thank you for this news !
I think that the prospect of the project will be huge for all of us
I mean that the number of holders will only grow

Token Metrics and Mining Incentives for Totem

Dear Totem community, today we are more than happy to announce Token Metrics and Mining Incentives for Totem, which we hope will boost the growth of our global community and technology expanding.

The distribution ratio is 1% of the genesis allocation, 25% of ecosystem allocation, 5% of node rewards, 69% of pledged liquidity mining.

1% of the total amount of TOT tokens issued is the genesis allocation, a total of 190,000 tokens, which are evenly distributed to 19 nodes teams, each with 10,000 TOT tokens.

Early opening P1—P5.

30% of the pledge amount activates the mining machine, each mining machine has a 15-day production capacity, and the TOT tokens produced by the mining machine are freely traded.

Each pledge amount can add 1 mining machine per day, up to 15 units.

Each sell order is charged a 3% transaction fee, within the 3%, 2% will be burned, and 1% is used for the whole network holding reward.

The TOT token purchased by each account on the exchange can only be activated by the user. After 15 days, the pledged TOT token and the profitable TOT token can be traded, and the transaction needs to be forced to change hands.

Website - http://totprotocol.com
Twitter - https://twitter.com/Totem__Official
Reddit - https://www.reddit.com/r/Totem_Official
Medium - https://medium.com/@totemtoken

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