STABLE TOKENS — Methodology
Introduction to future CP Processor Stable Tokens&Supplements
The evolution of money is inevitable and it is only a matter of days when a decentralized universal world currency will finally come to life. We are also witnesses of the first examples of free payment without borders, which are done instantly and without a bunch of intermediaries. Also, cryptocurrencies are one step away from getting the role of real money. The Coin Payment Processor Project is therefore on its way to connect all missing links and create a new dimension of global payment.
In this article, we will explain how Coin Payment Processor’s stable tokens function.
STABLE TOKENS = ETH & ERC20 TOKENS COLLATERAL +(ETH & ERC20 TOKENS CONVERSION + SUPPLY-DEMAND ADJUSTMENT BY SUPPLEMENTS)
THE SYSTEM IS IN BALANCE 1:2
DoTo <= 2x totalcollateralETH+totalcollateralTOKENS+totalconvertcollateralSUM
USD = dollar fiat currency
Dollar fiat currency = USA federal bank minted convertible coin. Guaranteed by federal bank obligation.
USDT= tether coin
Tether coin = Private property convertible coin minted on public Omni network. Guaranteed by private company USD fiat deposit in private bank.
ETH = ethereum coin
Ethereum coin = PoW convertible coin minted on public Ethereum network + can be burned. Guaranteed by community consensus on distributed ledger.
DoES = Short Ethereum Smart contract token
Short Ethereum Smart contract token ( ERC20) minted with smart contract functions on public Ethereum network. Guaranteed by community consensus on smart contract on Ethereum network.
UpES = Long Ethereum Smart contract 2x token
Long Ethereum Smart contract 2x token (ERC20) minted with smart contract functions on public Ethereum network. Guaranteed by community consensus on smart contract on Ethereum network.
STABLE TOKENS:
DoTo= dollar token
EuTo= euro token
KrTo= won token
YeTo= yen token
YuTo= yuan token
ERC20 tokens minted with smart contract functions on public Ethereum network. Guaranteed by personal ETH & ERC20 tokens change (collateral + conversion) on smart contract custodian on Ethereum network.
Goal of Stable Token System is the following:
MarketCap DoTo=MarketCap CollateralETH + SUM MarketCap Supplements
STABLE TOKENS SYSTEM WITH PERSONAL LOAN & CONVERSION
Dear readers, hope you enjoyed this article! Follow us for more exciting stories :)