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Missed out on $ESD? Get some $DSD, an ELI5:
"DSD is a decentralized self-stabilizing and censorship-resistant stablecoin w/o any collateral backing. Oracle-driven pricing for voluntary supply elasticity is used without having to trust third-parties."
"DSD is a decentralized self-stabilizing and censorship-resistant stablecoin w/o any collateral backing. Oracle-driven pricing for voluntary supply elasticity is used without having to trust third-parties."
Website: https://dsd.finance/
FAQ: https://dynamicsetdollar.medium.com/dynamic-set-dollar-faq-b8a36c4fcab
DSD Toosl (s/o @0xdev) : https://dsd.tools/
TG: https://t.me/dynamicsetdollar
Uniswap Info: https://info.uniswap.org/token/0xbd2f0cd039e0bfcf88901c98c0bfac5ab27566e3
Etherscan: https://etherscan.io/token/0xbd2f0cd039e0bfcf88901c98c0bfac5ab27566e3
Major holders: https://etherscan.io/token/0xbd2f0cd039e0bfcf88901c98c0bfac5ab27566e3#balances
FAQ: https://dynamicsetdollar.medium.com/dynamic-set-dollar-faq-b8a36c4fcab
DSD Toosl (s/o @0xdev) : https://dsd.tools/
TG: https://t.me/dynamicsetdollar
Uniswap Info: https://info.uniswap.org/token/0xbd2f0cd039e0bfcf88901c98c0bfac5ab27566e3
Etherscan: https://etherscan.io/token/0xbd2f0cd039e0bfcf88901c98c0bfac5ab27566e3
Major holders: https://etherscan.io/token/0xbd2f0cd039e0bfcf88901c98c0bfac5ab27566e3#balances
What's different vs $ESD?
DSD features 1 epoch every 2 hours, equalling to 12 epochs per day.
By implementing a dynamic supply change that is not artificially capped, DSD is able to adapt supply regulation more precisely according to the current market demand.
DSD features 1 epoch every 2 hours, equalling to 12 epochs per day.
By implementing a dynamic supply change that is not artificially capped, DSD is able to adapt supply regulation more precisely according to the current market demand.
$DSD is currently in the "bootstrapping" phase where the goal is to built a strong community, onboard, and to distribute the supply as broadly as possible.
Future plans include a community fund and opening up a forum for governance and the Github repository.
Future plans include a community fund and opening up a forum for governance and the Github repository.
Q: Why is it priced so high currently?
First mover's advantage to capitalize on "farming," mainly. NOT an endorsement to buy at these levels, DYOR and be informed.
$ESD had a similar launch where it spiked as high as $1,280, FWIW.
First mover's advantage to capitalize on "farming," mainly. NOT an endorsement to buy at these levels, DYOR and be informed.
$ESD had a similar launch where it spiked as high as $1,280, FWIW.
Q: There's only 56 holders?
This is misleading, since most holders have probably moved their supply to farm.
This is misleading, since most holders have probably moved their supply to farm.
- Rewards are distributed 60% to bonded token holders and 40% are rewarded to LP (ESD is 20%).
- Coupons can be purchased at a discounted rate depending on the debt ratio. In the event of supply extension, holders can redeem their coupon for DSD. Must be claimed within 30 days.
- Coupons can be purchased at a discounted rate depending on the debt ratio. In the event of supply extension, holders can redeem their coupon for DSD. Must be claimed within 30 days.
Some additional resources on $ESD that may help you better understand $DSD...
https://twitter.com/Rewkang/status/1331358587197669378
https://medium.com/@lewisfreiberg/empty-set-dollar-esd-a0abbfc5ecdb
And I'll just leave this here...
Be aware of the risks... Anon team, unaudited code. It's priced high currently, be patient.
https://twitter.com/Rewkang/status/1331358587197669378
https://medium.com/@lewisfreiberg/empty-set-dollar-esd-a0abbfc5ecdb
And I'll just leave this here...
Be aware of the risks... Anon team, unaudited code. It's priced high currently, be patient.
I forgot to add this...
Regarding the pre-mine:
Regarding the pre-mine:
Additional $DSD resources:
https://dynamicsetdollar.medium.com/the-dsd-community-fund-e814b6270e4a https://dynamicsetdollar.medium.com/dsd-what-happens-after-bootstrap-f5d3ab657c9f
https://dynamicsetdollar.medium.com/the-dsd-community-fund-e814b6270e4a https://dynamicsetdollar.medium.com/dsd-what-happens-after-bootstrap-f5d3ab657c9f
$DSD YouTube videos from the team...
Compounding rewards:
Bonding LP tokens:
Bonding to the DAO:
The Expansion phase:
What is DSD?
Compounding rewards:
Bonding LP tokens:
Bonding to the DAO:
The Expansion phase:
What is DSD?
