-
Notifications
You must be signed in to change notification settings - Fork 31
Commit
This commit does not belong to any branch on this repository, and may belong to a fork outside of the repository.
- Loading branch information
Showing
1 changed file
with
16 additions
and
0 deletions.
There are no files selected for viewing
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Original file line number | Diff line number | Diff line change |
---|---|---|
@@ -0,0 +1,16 @@ | ||
tags:: cip | ||
status:: draft | ||
|
||
- ## author | ||
- [[@master]] | ||
- ## rationale | ||
- although proposed [[daily english auction for A and V]] is simple it does not solve the biggest problem it must solve | ||
- mechanism must not provide supply if demand is not enough | ||
- therefore i propose even simple mechanism that is target to solve exaclty this | ||
- while leaving the room for supply growth in case of growing demand | ||
- ## design | ||
- [[energy]] is minted using exponential bonding curve for those who provide [[$H]] | ||
- [[$H]] is effectively burned on each mint | ||
- while the price on external markets is lower when in bonding curve there is no extra supply of [[energy]] | ||
- while demand force the price of [[energy]] go up the bonding curve provides extra supply | ||
- initial price of bonding curve reflect the price on the moment of changing [[energy]] mint system |