Tide Protocol-the value perpetual motion machine in the DEFI world (opening the private placement round on August 15)

TIDE PROTOCOL
ŤideProtocol
Published in
5 min readAug 13, 2020

Since 2017, compared with traditional investment methods such as stocks, currencies, and precious metals, Bitcoin has thrived. It has received widespread attention from the global market, and its market value has once soared. Compared with the volatility of the above-mentioned traditional investment methods, Bitcoin is more stable. On the one hand, as Bitcoin is gradually recognized by governments around the world, the correlation between Bitcoin and the stock market has increased, and the volatility correlation between stocks, currencies, and precious metals has become closer. On the other hand, due to its particularity, it has a very low correlation with some synthetic products. The unique architecture design and incentive mechanism of the TIDE protocol has caused the existing price-oriented trading strategies (trading strategies) to fail to meet trading needs, and a new trading strategy that comprehensively considers supply must be adopted. In view of this, TIDE will show a unique wave mode and model mechanism.
According to the upper-level agreement, TIDE can directly transmit the price information reflected by the nominal exchange rate to the supply, and form a certain dynamic range, so that 1 unit of TIDE can find the best balance point within the dynamic value range.

Please refer to the following

From the perspective of net worth, due to the balance point, owning 1 TIDE worth $1 is no different from owning 2 TIDE worth $1. But the difference is that the TIDE protocol will transmit price information to each token owner and directly adjust the number of tokens held by users. By increasing or decreasing the number of tokens held by users year-on-year, the proportion of tokens held by users in the system remains constant (unless the user chooses to buy or sell tokens).

The upper-level protocol will automatically adjust the balance by increasing or decreasing the supply of tokens, mainly including two methods:

Set target price (Po) and price threshold (δ):

Inflation rule (when the price is higher than US$1.05, inflation will be based on the increase value/10* user benchmark currency holdings, increasing the number of users holding currency, 24 hours a settlement unit, T+1 settlement) deflation rule (when the price is lower than US$0.95, deflation based on its decline/10* user benchmark currency holdings to reduce user holdings, 24 hours a settlement unit, T+1 settlement)
The specific relationship is shown in the figure below:

Three in-depth model rules lead TIDE to quickly enter the public eye!

Rule 1:

The market value exceeded 100 million U.S. dollars, and the rate of increase in inflation accelerated.
Acceleration rules The market value range of 100–200 million U.S. dollars, and the inflation ratio is raised to price increase/9;
In the range of US$200–300 million in market value, the inflation ratio is raised to price increase/8;
The market value range of US$300 million to US$400 million, and the inflation rate has been raised to price increase/7;

(“Z” is the benchmark number of users holding currency, T is the settlement period, and δ is the price threshold of the settlement node)

Rule 2:
Increase the currency holding evaluation system of the entire network. The market value range of 1–2 billion US dollars. The effective holding position of the entire network is 300. 10% of the account addresses in the reverse order of the entire network holding currency stop inflation. The holding address of more than 600 holdings is the eternal inflation address of the market value range;
The market value range of 2–3 billion U.S. dollars. The effective holding position of the entire network is 600. 15% of the reverse ranking of the total network holdings do not enjoy inflation benefits. The holding address of more than 1,200 is the eternal inflation address of the market value range;
The market value range of 3–4 billion US dollars. The effective holding position of the entire network is 1,200. The 20% of the reverse ranking of the total network holdings do not enjoy inflation benefits. The holding address of more than 2,400 holdings is the eternal inflation address in the market value range.
(The above reverse order elimination is calculated based on the effective currency holding addresses of the entire network, and the currency holding addresses in the eliminated area stop inflation).

Rule 3:

Addresses whose valid coin holding addresses are not in the elimination range can be added to staking (secured mining pool, with no restrictions on entering and exiting) to enjoy staking income. Some addresses eliminated to calculate global inflation income will enter the staking pool. Reverse 20% of the coin holding addresses totaling 10,000 tokens. If the smart staking pool has a total of 100 collaterals, this part of the collateralized tokens will get a total of 100/10,000 inflation share, and the remaining part will enter the destruction pool for destruction) According to the Tide market value range, the part of the gains from the increase in inflation in the elimination zone is allocated according to the mortgage weight value.

TIDE pre-sale and release lock-up rules:

TIDE release and lock-up rules

Private placement round 5%
80% of TIDE will be released before listing, and the remaining 20% will be released linearly in 2 installments (15 days each) one month later
Open round 10%
Fully release before going online without lock
The team reserves 5%
TIDE will be released linearly in 24 phases after 12 months of listing
Ecological reserve 5% (used for ecological business development cooperation)
After TIDE is listed in each cycle (one month), the release shall not exceed 3% of this part, and the remaining part after 12 months will be released linearly in 12 periods
Professional round 5% (for early qualified investors)
Investors who invested before TIDE’s listing will release 50% of the lock-up for 6 months after TIDE’s listing, and the remaining 50% will be released linearly in 24 periods
70% of total market value increase calculation (never circulate)

TIDE PROTOCOL is a bold attempt and innovation in the field of DEFI in the 21st century. Combining cryptography and blockchain technology in adjusting the texture fluctuations of existing synthetic products is bound to have a different and wonderful performance! Let us stay tuned!

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