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Description: Murica Money is the most rambunctious and patriotic seigniorage protocol in existence founded by the most polarizing figure in the community. You know his name and if you do not, you're sure in for a treat.
Murica Money is a decentralised algorithmic stable coin on The Fantom Network, pegged to the price of USDC via seigniorage at a rate of 1 $EAGLE: 1 USDC. The protocol's underlying mechanisms are designed to accomplish the following:
1. Ensure a peg of EAGLE: USDC is achieved
2. Warrant that peg is maintained to establish $EAGLE as a mirrored, liquid asset to $USDC.
The protocol accomplishes this by introducing unique Community & Economic dynamics into the market through its three tokens and a seignorage method.
DAO
Murica-Money is the start of an infusion of capital designed to create short term gains and a long-term passive income stream. Funds will be held in a Decentralized Autonomous Organization (DAO) until $500,000.00 in capital has been raised. At that time token holders shall vote on where to allocate funds that will generate attractive, long term passive income streams. DAO funds may also be used to support the community and longevity of the protocol by means of Buybacks, Contest's, and Additional marketing.
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