Initial Network State
Our primary objective is not to find a price that is steady. This may appear to be contrary to our currency's goals, but we assure you that it is not. Crypstarter may be optimized for a variety of purposes. The primary tradeoff is between volatility and profitability and stability and consistency. Growth comes with instability and profit, and this is what we desire early on.
Crypstarter should perform well as a stable asset with strict regulation and scalability. Pressures should be able to stabilize at a non-intrinsic value. Crypstarter, regardless of scale, has the ability to serve as a wealth generating machine with lax policy. The token's market premium gauges the game's positive total; all extrinsic value represents fresh money produced.
The first network includes a one-way treasury (no money comes out), the bonding contract (which increases supply and profits), and the staking contract (where profits are distributed).
The original policy states are as follows:
The BCV varies depending on the kind of bond. The Policy team tunes it on a regular basis to fulfill the protocol goals. For example, if the protocol wishes to accumulate more liquidity in its treasury, it might reduce the BCV for liquidity bonds in order to enhance bond capacity.
For all bond kinds, it is set to 33110 Ethereum blocks or nearly five days.
When someone buys a bond, the money goes to the Crypstarter treasury. A corresponding amount of CST will be minted and allocated to three parties:
- Bonder: The bond buyer will receive the quoted amount of CST in installments during the vesting period.
- DAB: The bonder receives the same amount of CST as the DAB. This is the profit of the DAB.
- Stakers: After accounting for the CST provided to the bonder and the DAB, the remainder will be allocated to all protocol stakeholders.