wholesale fashion jewelry texas Three minutes to understand the central bank algorithm stable currency Do

bulk wholesale christian jewelry Daollar (hereinafter referred to as "Do") is the central bank algorithm stable coin launched by the ROXE Global Payment Network. The value of DO is always corresponding to the US dollar through unique smart contracts.

DO is the world's first stable coin with a blockchain economic system and a truly stable central bank algorithm. The goal is to become the basic component of global payment. The universal currency without friction, real -time exchanges and global free payment, to achieve the convenience of currency in global free use for users.

DO's mechanism Introduction

If deepening the mechanism of solving the algorithm stable currency DO, first of all, the three -heavy coin of the ROXE global payment network There is a basic understanding of the species design.

In the RoXe ecosystem, a total of three different attributes and functions have been launched. The first is ROC. It is the fuel and governance of the ROXE chain. The only generation of currency do.

It is the RO series tokens. It is a stable coin linked to the basic fiat currency (such as Rousd, ROEUR, etc.) or encrypted assets (such as ROBTC, ROETH, etc.) 1: 1.

. Finally is DO. DO is the world's first central bank algorithm stabilization currency protocol (Daollar) that comes with blockchain economic system, native economic system, and full chain. There is only one way to generate a way, that is, the ROC of 2 times the value of pledge to generate or pledge 100%of Rousd to expand. Reserved, the smart contract ROXE Reserve (RR) uniquely designed by Roxe.

Roxe reserve (RR) is not only a set of automated execution smart contracts, but also responsible for reserving ROC, Rousd, Do, and the issuance of DO and stable prices.

In the entire ROXE global payment network, the key role is Roxe Reserve (RR). In this combination, you can automatically adjust the value of DO and keep it always stable. Essence As a global payment network, ROXE must ensure the minimum capital fluctuations when remittances such as remittances.

It how to keep an anchoring exchange rate

DO is too high or too low will bring losses to users, and it cannot make DO become a DO a The global payment currency is paid, so a set of mechanisms must be used to ensure that the price of DO is always maintaining a 1: 1 exchange rate with Rousd, and the ROXE global payment network is implemented through Roxe Reserve (RR). So, how is Roxe Reserve (RR) regulating the price of DO?

When the market price of DO is too low, that is, Rousd/DO is lower than the secure stable threshold, which will trigger the contraction program in the ROXE Reserve (RR). Users can shrink the program from the contraction program. Unlock the reward. The contraction process will continue to replace the ROUSD in RR to DO, and destroy the recovered DO to reduce the circulation of DO in the market to achieve the purpose of raising DO to the normal range.

When the market price of DO is too high, that is, when Rousd/DO is higher than a safe stable threshold, it will trigger the expansion program in the ROXE Reserve (RR). Users can expand from expansion from expansion Unlock the reward in the program. The expansion process will continue to issue DOs, increase DO's circulation in the market, and buy ROUSD stored in RR (ensuring that Rousd's supply is always more than 80%of the total DO) to reduce the price of DO to the normal range.

Roxe reserve (RR) to purchase DO through Rousd and destroy the price of DO to the normal range, or add DO to buy ROUSD to reduce the price of DO. All this process is automated, but it is worth noting that the contraction program or the expansion program requires users to trigger and receive rewards.

do's characteristics

DO is a set of unique central bank algorithm stablecoins. In reality, we conduct cross -border remittances for cross -border remittances At this time, it is generally necessary to wait for a long time, but you can quickly transfer the transfer with DO. Roxe Chain uses the DPOS consensus algorithm. The TPS is 266-2800 and the outlet only takes 0.5 seconds.

In addition to technical advantages, in the future, ROXE will also be based on the development of the market. Based on the development of the Daollar protocol and the RR distribution euro, yen, etc. It also needs to pledge ROC.

DO, while avoiding policy risks, also contributed its huge power to global trade development. A payment platform that can be settled quickly can help various industries to increase cash flow The efficiency of usage promotes the development of the financial industry to a certain extent.

DO's most anticipated feature is its strong global payment capabilities. Whether ordinary people travel abroad, they need to be exchanged for foreign fiat currency or international funds between financial institutions. Then find a bank to redeem the currency of other countries or wait for a long time, directly use the ROXE global payment network, and use DO to bring yourself convenient and fast financial services to yourself.

DO's function is far more than cross -border remittances. It is a central bank stable coin using the central bank algorithm that uses the Daollar protocol. The status will work hard to lead the development of the payment industry in the future.