Trade on libra profit system 2023
DSD is a decentralized self-stabilizing and censorship-resistant stablecoin without any collateral backing. Stablecoins are increasingly used in online casinos for fast, secure, and value-stable transactions. Non GamStop casinos benefit from stablecoin integration by offering smoother deposits and withdrawals without fiat currency volatility. This enhances user confidence, reduces transaction fees, and supports broader accessibility for global players seeking decentralized payment options. The advantages of stablecoin are numerous, and they include being a trustworthy form of passive income and a store of value. Oracle-driven pricing for voluntary supply elasticity is used without having to trust third-parties.
In order to maintain the USD peg, DSD features 12 epochs per day in which the supply change of DSD is managed. Per epoch the supply can max. extend, or max. contract by 10%.
Epochs; The epoch defines the period in between rebase events in which the supply regulation is managed and a supply expansion or contraction is assessed. The difference between the DSD TWAP price and 1 USD tells whether the supply will extend or contract.
Debt; In the event of a sub 1$ DSD TWAP price a supply contraction will happen and new debt is minted. This debt can be purchased as Treasury Securities (TS) which then can be redeemed for DSD with a premium as soon as a future epoch will be positive again.
Supply Regulation; The supply change solely depends on the DSD TWAP price. If the TWAP price is below 1$, new debt is minted. If the price is above 1$, the supply will extend. To participate in supply extension all TS have to be redeemed first, and you either have to stake your DSD in the DAO, or be a liquidity provider.
More frequent epochs: In order to respond faster to price discrepancies, DSD features 1 epoch every 2 hours, equalling to 12 epochs per day. This helps DSD to stabilize its price and to react more accurately to market demands.
Different supply change formula: By implementing a dynamic supply change that is not artificially capped unlike ESD, DSD is able to adapt supply regulation more precisely according to the current market demand. As DSD faces 4-times as much epochs per day as ESD, the supply extension/contraction factor is divided by 12.