🔮Algorithmic Central Bank

Although there are many versions of stablecoins being invented in the cryptocurrency space, Poseidollar is a protocol that adopts the operational model of a Central Bank to manage and balance the value of the stablecoin.

It provides additional stablecoins to the market when the supply of the currency is insufficient to meet market demand.

It retrieves stablecoins from the market when the supply of the currency exceeds market demand through the Bond mechanism.

Detailed information will be presented in the Mechanism Section

🪢Mechanism