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Cryptographic Ultra Money

Cryptographic Ultra Money

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Edits on 11 Feb, 2022
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Daniil Spiridonov
edited on 11 Feb, 2022
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GitHub
https://github.com/CryptographicUltraMoney
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Daniil Spiridonov
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Telegram
https://t.me/CUMtokenOfficial
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Twitter
https://twitter.com/CUMfinance
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Daniil Spiridonov
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The protocol utilizes rebasing mechanics centered around a constantly increasing price peg which initially started at $0.000001 and is set to increase in price by 42% every 24 hours until it reaches $1,000,000. The current price (oracle price) in relation to the peg price is the deciding factor in determining what kind of rebase will occur. In case of the current price being below the peg price a negative rebase will occur and the total supply of CUM will contract while the price will increase to match the peg, the opposite is true for a positive rebase.

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Daniil Spiridonov
edited on 11 Feb, 2022
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Cryptographic Ultra Money

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Daniil Spiridonov
created this topic on 11 Feb, 2022
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 Cryptographic Ultra Money

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Cryptocurrency
Cryptocurrency
Website
https://cumtoken.finance/

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