From 4015554764bd4936b24d702c4b29814f93d1c539 Mon Sep 17 00:00:00 2001 From: master Date: Mon, 4 Nov 2024 00:18:18 +0000 Subject: [PATCH] new cip on energy mint --- pages/energy mint using curve.md | 16 ++++++++++++++++ 1 file changed, 16 insertions(+) create mode 100644 pages/energy mint using curve.md diff --git a/pages/energy mint using curve.md b/pages/energy mint using curve.md new file mode 100644 index 0000000..c74fe9d --- /dev/null +++ b/pages/energy mint using curve.md @@ -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 \ No newline at end of file