Cryptocurrencies with deterministic supply such as Bitcoin and Ethereum are extremely volatile. Changes in coin demand reflect on coin price, which discourages its use for basic economic needs like paying bills and buying coffee, not to mention more complex needs like loans and insurance contracts. The optimal stablecoin needs to be price-stable, programmable, highly ef- ficient and decentralized. Carbon presents a dynamic value transfer protocol for creating arbitrarily complex logic, which contextualizes value transfer while substantially reducing resolution costs (e.g. chargeback fees and refunds), increasing economic efficiency. We achieve these properties through an elastic supply engine that closely correlates Carbon to $1 using a decentralized oracle, a dual token model and optimal risk-to-reward incentives. We present Carbon, a price-stable cryptocurrency for next-generation payments.
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Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
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