Introduction to XStable

XStable is a new form of a synthetic commodity that operates with a free float that over a longer-term achieves stability and forms a volatility hedge across a basket of cryptocurrencies as well as fiat currencies. It allows the market to freely drive its value while using a part of that information to adjust its supply to create an equilibrium between value and supply.

What makes Xstable different?

Unlike ampl which operates with fully fluctuating balances or ESD/DSD which continuously dilutes the holder's equity, XStable is an elastic money protocol that operates with continuously accruing balances akin to dividends that increase the holder's equity in the ecosystem continuously. At the same time, expansion and contraction factors operate with free-market mechanics that adjust the overall supply to achieve equilibrium without punishing the holders.

How it works

  1. Targeted Asset Liquidity:

Why does it work?

Epoch based elastic supply that maintains stability in balances, time localized price, and holder equity targets true stability. Before an equilibrium phase is achieved, a set of expansion and contraction phases will take place due to fluctuating market demand. “Holders” or participants of the XStable ecosystem increase their net equity during these phases while market searches for the equilibrium in price.

Comparisons

Traditional Rebase — Balances frequently fluctuate. Not good. Holders retain equity in the supply. Good.

What’s next?

We will be launching our token sale via a limited presale on January 14th along with Uniswap listing following shortly after. There are no whitelists for the presale. Please join our telegram for the most up to date information and do not buy any tokens claiming to be XStable unless it was posted by us in the telegram linked below.

A synthetic stablecoin protocol that derives it's supply and price values from true market demand.