Monday, March 21, 2022

Vice City Finance - $CITY is Pegged to the Price of 1 USDC via Seigniorage on Fantom - YouTube

Vice City Finance - $CITY is Pegged to the Price of 1 USDC via Seigniorage on Fantom - YouTube:


Description: Stake your CITY-USDC LP at the MALL to earn CSHARE rewards. Then stake your earned CSHARE in the BANK to earn more CITY! We have renounced the CITY token: TRANSACTION. We chose USDC as our main PEG token due to uncertainty in current markets. USDC provides certain stability with regards to liquidity pairs created.

Bonds

When CITY falls below it's peg you will be able to buy CBONDS.
1. CBONDS are a loan for the protocol. They can be redeemed when price is above PEG for premiums.
2. CBONDS have no expiration limit.

DAO

The DAO fund is the second line of defense on top of the Bond Mechanism. The DAO fund is controlled by the Developers and will be used for certain areas of the project and outside including investment, marketing etc.


#paymentgateway #payment #banking #definews #defiprotocol #defiprojects #decentralizedfinance #defi20 #ftm #fantom #blockchain #shibaswap #highscalable #instantransfer #simplysecure #evmcompatible #metaverse #nfts #wojak #pepe #multichain #parachain #crosschain #borrow #lending #loan #lend #earn #apy #interestrate #borrowers #cefi #dex #traditionalfinance #bank #staking #dapp #fintech #crypto #ethereum #vote #stake #farm #farming #yieldfarming #stablecoin #aggregationprotocol #cryptowallet #token #tokenomics #gaming #gasfee #swift #poolmining #nftwallet #oracle #stablecoins #api #idoplatform #borrowing #yieldaggregator #launchpad #eth #eth2 #altcoins #coins #etf #bitcoin #cryptocurrencies #dogecoins #xrp #eosio #xlm #cardano #dot #aave #btc #BNB #celsiusnetwork #Tron #bch #LTC #ripple #stellarlumens #polkadot #holo #hederahashgraph #algorand #ravencoin #iota #usdt #waves #ethereumclassic #chainlink #zcash #dash #monero #bitcoinsv #NEM #XEM #nft #nfts #nonfungibletoken #digitalassets #etf #digitalcoin #ewallet #digitalgold #internetmoney #defi #decentralizedfinance #peertopeer #digitalcurrency #decentralizedmoney #ledger #futuremoney #centralbank #digitalbank #elonmusk #cryptowallets #bitcoinwallet #cryptocurrencymining #cryptorealestate #cryptocurrencyexchange #futurebanking #digitalmoney #distributedledger #centralbankdigitalcurrency #ether #digitalwallet #bitcoinexchange #paymentserviceprovider #walletprovider #gold #silver #fiatmoney #p2p #cashlesssociety #workfromhome #blockchainlawregulation #ebanking #cryptocard #bitcoinkiosks #bitcoinatm #cryptocurrencyatm #bitcoinwallets #cryptocurrencyexchanges #forex #banks #p2p #centralizedfinance #cefi #hedgefunds #investors #ico #sto #initialcoinoffering #securitytokenoffering #paymeincrypto