The key differentiators are as follows:
- DSF token will be algorithmically pegged to MMF (Polygon) token.
- Primary liquidity will be held in DSF-MMF LP pools: This creates a huge lock-up in MMF tokens into liquidity, creating more utility for MMF tokens.
- A bailout fund: If all mechanics fail to allow the protocol to regain peg, the devs will step in with MMF to help DSF regain its peg to MMF.
- Unlike other projects that peg their tokens to other tokens which they have no control over. We hold control of the MMF trajectory and thus, am able to ensure that the goals of price appreciation for both tokens are aligned.
- A supply growth algorithm based on circulating supply instead of total supply. This means that we have supply expansion that is modulated a lot more meaningfully. Tokens that are burned or bought back is now discounted from supply growth, which is a greater representation of the true demand of the DSF token.
- DSF will seek to be pegged by both real-yields and seigniorage. How so? We currently operate a DEX that has revenues that is sent to our DAO to back DSF. Also something large has been overlooked. Our team did signal our intention to build a perpetuals DEX that has the ability to generate close to $400k USD daily revenue that will also be sent to back DSF.
- Tokenomics have been reviewed and our new mechanics encourage users to hold and stake their tokens more than previously, and a better supply expansion algorithm will be used.
