|Elasticity & Dynamics||7|
|Supplement - I|
|Derivatives & higher order trading||10|
|Lend, Borrow & Re-leverage||11|
|Synthetics & Indexes||13|
|Algorithmic Stablecoins: Put & Call Options||14|
|Algorithmic Stablecoins: StableSwaps||15|
|Supplement - II|
|End-goals and Vision||18|
typeof tokens that follow the Daibase Protocol. They come in many forms and flavors! There can be DAIX tokens on Ethereum blockchain, there can be DAIX on xDAI Chain, or even on the B.S.C. or some other modern blockchain. At their core, all DAIX tokens are a fungible unit of Elastic Currency – a recent innovation of the past years in the De-Fi realm. Such assets are self-evolving quantitatively (which means, that their supply numbers change frequently) in reaction to their real-time market conditions and circumstances. Inherently, they tend to be a gauge of market-velocity and are thus considered a safe hedge during uncertain financial overcasts.
publicfunction that "mints" (issues) new DAIX tokens into existance. These new tokens are delivered to the minter at existing market rates, and thus, do not incur any slippage (unlike AMMs) or additional fees. The
Partiedevent is emitted to the blockchain and consists of helper parameters designed to aid minting from any other smart contract. These features enable other external smart contracts to be written for Daibase Protocol that can execute any arbitrary logic based on the arguments returned upon parti'ing.
interface IXDwhich can be implemented with ease in new smart contracts. Additionally, it provides feedback to the smart contracts interacting with it that lets them implement further arbitrary logic even after mintin is completed.