Stablecoins and tokenized assets
Last updated
Last updated
Within the ecosystem, their own stablecoins were issued for the internal operation of the system. These stablecoins can be bought inside our YodaSwap service where rates are parsed from the real world. Also, these stablecoins can be sold on the CVLP2P platform by any of the users at the rates set by the users themselves. And also these stablecoins are sold on decentralized protocols such as Uniswap and Pancakeswap where the rate is supported by the AMM algorithm. There is an opportunity for automatic arbitrage, when you can buy and sell on different sites and instantly fix profits.
Commissions of algorithmic stablecoins on the YodaSwap platform are always 0.01% if you pay fees in CVL tokens or 0.1% if you pay fees in BNB. Thus, the ecosystem is guaranteed to receive liquidity, volumes and interest from users who are ready to earn extra money through arbitrage within the ecosystem.
The liquidity of stablecoins is provided for decentralized services in advance and exclusively with the CVL token, which provides additional security for the CVL token. The LP liquidity keys of all pairs were destroyed in the name of system decentralization. In order to increase the treasury of the YodaSwap service, the team will need to go and buy tokens from a decentralized protocol, just like any user of the ecosystem. This ensures the equality of all participants in the ecosystem. Within our entire ecosystem and all products that will also be released in the future, only tokens issued by our system will be accepted, including the CVL and all stablecoins, as well as metals and other tokenized assets. This speaks of the global nature of our intentions and the long-term strategy.
The entire system is controlled by the DAO. The issuer and genesis wallet of any issued stablecoin and tokenized asset is the DAO. And all commissions are sent to the genesis wallet. Thus, the treasury of the DAO will be replenished from the side automatically all the time.
All stablecoins and tokenized assets are backed by the DAO treasury transparently and permanently. It can be controlled. Also, the security is in decentralized protocols, where all the keys to liquidity pairs have been destroyed and now their rates can only be changed by the arbitrage mechanism and interaction with our ecosystem. This is not only an opportunity to earn, but also an opportunity to give volumes to the ecosystem and ensure a constant influx of users without rewards with high interest rates of staking and farming. These are completely new algorithms for which the future lies.