CBD CASH Boadroom is Open
CBDCASH organises “Boardroom” on April 18th 12:00(UTC), where users stake their $sCBD on #Boardroom, & they can get $cCBD as dividend.
(Boardroom) Epoch duration: 8 hours – the protocol reacts faster to stabilise cCBD price to peg as compared to other protocols with longer epoch durations.
Epoch Expansion: Capped at +50% of current expansion cap if there are bonds to be redeemed and follows the expansion cap if treasury is sufficiently full to meet bond redemption.
Price feed oracle for TWAP is based on the average of 2 liquidity pool pairs (i.e. cCBD/BUSD and cCBD/BNB) which makes it more difficult to manipulate.
The protocol is that for each epoch expansion, 25% of the expansion cCBD is a real stable fund,15% Argo Staple Fund, if Bond exists,Treasury at 0-10%, the rest is sent to the Treasury for bCBD holders to participate in bond redemption.
What is CBDCASH?
CBDCASH is the world’s first unique stable coin that combines an real peg by CBD with algorithm.
CBD CASH is the world’s first real and algorithmic stablecoin pegged to “1gram CBD” and “1 cCBD”.
With pegged proof of ownership from our partner CBD manufacturing companies, you can rest assured that you will receive the seigniorage of an algorithmic stablecoin.
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