values - Metaverse Reserve Protocol on Polygon Network
About Blockchain
Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.
An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant’s database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
About Metaverse
Values is Metaverse Reserve Protocol on Polygon Network dependent on the $VALUES token. Every $VALUES token is supported by a crate of resources (for example MAI, FRAX) in the Values depository, giving it a natural worth that it can’t fall beneath. Values Protocol gives a likelihood to back NFT tokens to the depository liquidity. Values present monetary and game-hypothetical elements into the market through marking and holding. Values is part of the way fork for OlympusDAO with own turn applied for NFT Bonding for metaverse space and in light of Polygon organization.
Bother of Values
They will likely form a strategy controlled liquidity framework for NFT metaverse space, in which the conduct of the $VALUES token is controlled at an undeniable level by the DAO. In the long haul they accept this framework can be utilized to enhance for dependability and consistency with the goal that $VALUES can work as a worldwide unit-of-record and mode of-trade cash in a decentralized metaverse. Temporarily, we mean to improve the framework for development and abundance creation.
How would I take part in Values?
There are two fundamental systems for market members: marking and holding. Stakers stake their $VALUES tokens as a trade-off for more $VALUES tokens, while bonders give LP or MAI tokens in return for limited $VALUES tokens later a fixed vesting period.
How might I profit from Values?
The primary advantage for stakers comes from supply development. The otter reaps new $VALUES tokens from the depository, most of which are conveyed to the stakers much obliged for the $VALUES tokens they advertised. Subsequently, the addition for stakers will come from their auto-intensifying equilibriums, however value openness stays a significant thought. That is, assuming the increment in symbolic equilibrium outperforms the expected drop in cost because of expansion, stakers would create a gain.
The principle benefit for bonders comes from value consistency. Bonders submit a capital forthright and are guaranteed a decent return at a set moment; that return is in $VALUES and in this manner the bonder’s benefit would rely upon $VALUES cost when the bond develops. Bonders benefit from a rising or static $VALUES cost.
Who made Values?
Values is a fork of OlympusDAO with its turn applied for NFT space on the Polygon Network that will help different tasks construct a decentralized metaverse.Thecenter group has consolidated involvement with software engineering, cryptography, economy, and plan. Followed by long stretches of involvement with crypto.They like to remain for the most part mysterious for the achievement of this task as a result of our target turning into a Decentralized Autonomous Organization.
Values intends to address this by making a free-drifting store money, $VALUES, that is supported by a bin of resources. By zeroing in on supply development instead of estimating appreciation, Values trusts that $VALUES can work as a cash that can hold its buying power paying little heed to showcase unpredictability.
Who runs Values?
As of now the vast majority of the choices are taken by the center group however team hope to have the option to transform this into a DAO-administered model quickly with your assistance values is expect to become Metaverse Reserve Protocol. In a present moment they would zero in on development. By joining NFTs and holding framework Values could turn into the main OHM fork with NFT loyalities.
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For more information:
Website: https://values.finance/
Twitter: https://twitter.com/ValuesDAO
Discord: https://discord.gg/xdNKGffeY2
Telegram: https://t.me/valuesDAO
Author
Bitcointalk username: Generasi 90
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=3406442
Discord username: Generasi90#5732