About The ISSUAA Protocol
The basic concept behind the ISSUAA protocol is the idea to issue synthetic assets always as a pair. When minting new assets, the user will escrow a fiat pegged stable coin. In return, the user will receive a pair of synthetic assets: A long token, which mirrors the value development and price of the underlying asset, as well as a short token, which mirrors the development of the underlying asset inversely.
This means that if the price of the underlying asset increases by 1 USD, the long token will gain 1 USD in value while the short token will lose 1 USD in value.
The change in value of the two assets combined does thus not change. The underlying assets will thus remain fully funded, no matter in which direction the price of the underlying asset develops.
Users that hold 1 long token and 1 short token can at any time redeem the underlying collateral by burning the two tokens.
Powered by Polygon And Backed by USD stable coins
The ISSUAA protocol and its smart contracts run on the polygon blockchain and require USD stable coins for minting of ISSUAA assets and providing liquidity.
ISSUAA offers unique advantages to investors and liquidity providers
Next Gen. AMM Model: First decentralized finance derivatives liquidity protocol without need for over-collateralization empowers attractive returns at moderate risk for investors providing liquidity.
Capital Efficiency: Every single USD stable coin to be paid in by investors/LPs for minting of assets and liquidity providing in asset pools is “working” and generating returns for investors/LPs.
Superior Tokenomics: Reward of active investors/LPs not only with transaction fees but especially with newly minted and weekly granted ISSUAA protocol tokens (IPT).
Global Access: Barrier free access for everybody to investing, minting, providing liquidity and trading of synthetic ISSUAA assets on chain.
The ISSUAA Protocol Token (IPT) Cash flow linked and value bearing
Limited supply
The number of IPT tokens that will be issued is limited to a max. supply of 100m. Thereof up to 75m IPTs will be granted to investors over time.Value generation by trading fees
Besides the trading fees of transaction volumes of the ISSUAA trading activity which are directly attributed to liquidity providers, an additional trading fee is kept for the IPT for every trade on the ISSUAA DAO, adding continuously to the IPT value over time.Fair distribution
Once per week new IPT tokens are minted (3% of the delta between issued tokens and max. supply) by the ISSUAA DAO and granted to investors as reward for providing liquidity to the liquidity pools and participating in governance votes.Rewarded voting
As every voting process is rewarded with newly minted IPT, owners of the IPT are encouraged to vote correctly in each voting and have significant interest in the value of the IPT. The voting power of each IPT owner in governance votes equals the number of staked IPTs the individual IPT owners have in their possession.
IPT Token
The ISSUAA Protocol Token (IPT) is the native governance token of the ISSUAA protocol. It has two main use cases:
1.Staked IPT is the basis for the voting power of users which participate in the governance process. These votings include:
- Votings if an asset has breached its upper limit and should be frozen
- Votings on the price of an asset at time of expiry
- Votings on grants for services by users, that support the success of the ISSUAA protocol
- Voting if new assets are allowed to be created
2.A trading commission of 0.05% is earned for the IPT token, which can be (partially) redeemed when burning the tokens.
Where can you trade the IPT token:
You can either trade the IPT token on the internal market on app.issuaa.org or on Sushi Swap Check where you get the better price.
Community Governance & Team
The ISSUAA protocol has been set-up as a DAO (Decentralized autonomous organization) from day one by the team of early core contributors to the protocol, who comprise vast experiences and competencies in crypto- and blockchain technology, capital markets, global asset management and derivatives.
The team is convinced, that laying the ISSUAA protocol development and exclusive governance via voting procedures into the hands of the community of owners of the ISSUAA protocol token is the right way to attract and retain the necessary competencies and participation for the future development and growth of ISSUAA as truly decentralized finance protocol.
For More Information visit:
WEBSITE: https://issuaa.com/
WHITEPAPER: https://issuaa.org/static/media/ISSUAAWhitepaper.7336dcfb.pdf
MEDIUM: https://issuaa.medium.com/
TWITTER: https://twitter.com/issuaa2
TELEGRAM: https://t.me/issuaa_main
Bct username: Sinseykoin
Profile link: https://bitcointalk.org/index.php?action=profile