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REV price stabilization and minting for validator rewards and coop treasury #47

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jimscarver opened this issue Sep 3, 2021 · 0 comments
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enhancement New feature or request

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jimscarver commented Sep 3, 2021

Given the success of rchain the price of REV can be expected to climb. Buy low sell high can profit the coop and stabilize the REV price and enable minting additional REV to prevent the price raising too quickly. . The price can be set to reward early adopters without becoming a scarce resource. Over time the price of the REV as a utility token can be fixed.

As the REV price stabilizes to a constant value over 10(?) years investors can trade rev for shard tokens that are in the early reward stage.

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  • The clock starts when REV reaches $1(?) on coinmarketcap
  • Normal return is predetermined
  • Minting is allowed if market value exceeds normal value
  • Reward early adopters 10 fold based on 2019 dollar value
  • Becomes a stable utility coin after ten years
  • Minting enables future capitalization creating more value scalably
  • Climate of abundance rather than scarcity
  • New tokens created for new projects purchased with BYOID tokens etc. can have similar economics

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@jimscarver jimscarver added the enhancement New feature or request label Sep 3, 2021
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