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RE: Steem And Decentralized Finance
I have already developed what is the first and only split-level fund on Steem at MAPR - it is also a stable coin with a slowly rising price.
Also SP is no longer the only way to gain an income as one can buy into tokens without powering-up, delegating or staking - beats waiting 14 weeks to undelegate then power-down.
Have a tip too: $trendotoken
I will definitely check it out.
It is great that you did this....added a couple more from the list to Steem.
Thanks! That's really been my focus for the last 20 months: developing steem fintech programs. I had looked in Bitshares many months ago but it just didn't look an easy UI for the average user, whereas Steem Engine has made these products easier to develop and sell to Steemians.
Heard a new one today. Maybe you can call your tokens “buoyant coins”... Not stablecoins, but buoyant coins... As it was explained to me:
Buoyant. Means it's fundamentally stable but equipped with mechanisms of appreciation providing you hold it for a significant period of time (6/9/12 months). Valuation fluctuates between a pre defined target price and a floor. If it goes below the floor level, mechanisms are in place to push is back up to the defined corridor. That's what buoyancy means.
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Hadn't heard the term before - stable and appreciating.
I'll have to think about that one tho ;-) There must be a better word than buoyant!
Thanks!
Also interesting as that is kinda the mechanism for our MAPR token.
I'm still not warming to the term "buoyancy", lol, but let me dwell on it.
mmm... the ndau coin is very similar to MAPR, except I have no cap on the upside. Need to read more about why they made it a fixed interest coin - or stepped interest rates.
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