The advancement of Blockchain and other types of cash cryptography has the potential to turn the existence of many unbanked people around the world into a positive one. In addition to the possibility to execute and earn shares without having a monetary balance as well as saving money without fear of enlarging and obstructing the government, the opportunity to place into different asset classes such as quality, stock notes, goods, securities and crypto assets will open up opportunities. opportunity for some to contribute to substantially higher long-term returns and to extend risk.
Another fundamental problem with current systems, for example, Synthetix is the danger associated with adding assets to the structure. If counterfeit assets are stepped on, one has to take the opposite position — this job is taken up by monetary benefactors. At a basic level, the hazard can be increased and compensate for long and short positions. Apart from that, the reality is not so. While there are ways to deal with these risks, they require extra effort, which will further reduce returns. Really, Synthetix financial customers who have given assets to the system will be losing money lately, if this is not adjusted by checking the gifts, which will however need to wait some time.
WHAT IS ISSUAA?
The ISSUAA protocol is fully decentralized and designated as a DAO (decentralized autonomous organization). The system is built around a proprietary governance token, the Issuaa Protocol Token or IPT. The maximum supply of IPT will amount to 100,000,000 tokens. Therefore, most IPTs will be issued in return for investors for providing liquidity and voting in the ISSUAA DAO governance poll. The IPT issuance rate starts with 1.8 million tokens per week and decreases by 3% weekly, making it easier for early liquidity providers to be priced higher while ensuring that the maximum supply of 100 million IPT tokens will not be exceeded.
In addition to its function as a governance token, the IPT token is directly related to the fees generated on the platform: 0.05% of every trade made on the ISSUAA market accrues to IPT, making IPT a value-bearing, cash-flow governance token tied to the token. best in class overall for investors.
ISSUAA, the next generation DeFi protocol for real-world derivatives and crypto assets on the blockchain, is now live on the Polygon mainnet. After two months of testing and finalizing our audit by Obelisk Auditing, ISSUAA is now open for anyone to invest in crypto and real-world asset derivatives and to earn high returns with relatively low risk while enjoying Polygon's low transaction fees.
ISSUAA is a very innovative new DeFi protocol, which makes it possible to bring derivatives of almost any real world and crypto asset to the blockchain — in a completely decentralized way without a central counterparty. What distinguishes ISSUAA from existing synthetic asset protocols is its high capital efficiency, which requires no redundant collateral and no liquidation risk and best-in-class investor-friendly tokenomics.
Also, it allows the provision of very low risk liquidity and yield farming, which is only slightly riskier than a stable coin farm. Since ISSUAA assets always come as pairs of long and short tokens, impermanent losses are significantly reduced while providing liquidity to both groups — a 50% move in the underlying asset results in a non-permanent loss of just 3%.
ISSUAA is structured as a DAO, which is governed by its own governance token holder, the ISSUAA Protocol Token (IPT). The IPT token is used as the basis for all voting processes carried out, while at the same time being directly linked to the cash flow earned on the ISSUAA market. In addition, 60% (i.e. up to 60 million IPT) of all IPT after circulation will go to investors providing liquidity in the ISSUAA pool and to IPT holders participating in the ISSUAA DAO governance vote.
The decision to launch ISSUAA in Polygon was driven by our vision to build a dynamic community, which is actively involved in the ISSUAA DAO governance process. To achieve this goal and also enable investors with smaller pockets to invest in ISSUAA pools and assets, it requires fast and inexpensive transactions and a seamless user experience, without compromising security, which makes Polygon the full stack scalable solution of choice for ISSUA.
ISSUAA then implemented an alternate procedure to address this issue:
In order to mint improvised subordinate assets on ISSUAA, the monetary sponsor must hold stable coins, which are set to USD. The monetary sponsor will get not one but two tokens. One long token, which is adjusted to reflect an increase in the fundamental asset as well as a short token, again reflects the progress of an important asset.
Issuaa Events has a built-in framework for creating and directing new ISSUAA Assets. It can be a helper of the real world and any crypto asset. Regardless, ISSUAA DAO selects each new asset before it is added to the event. To ensure the idea of new asset suggestions, further require a base balance of 100,000 IPT (ISSUAA Protocol Tokens) to propose other assets, work with certifiable and fully considered proposals and avoid large amounts of new asset thinking.
New Asset Proposal Votes: It is critical that new assets be added to the structure — it gains event achievements over time and mixes them in ISSUAA Assets which are open to monetary sponsorship and LP game plans.
On the other hand, large numbers of assets are likely to weaken liquidity in individual pools, with seriously and detailed regulated assets struggling to come up with any tangible concessions to fees.
Therefore, the DAO needs to select each new asset before it is added to the show. It also requires a basic balance of 100k IPT checked to apply for other assets, in the same way working with reasonable minds by environments that have "skins in the game" and also avoiding the thought of countless new assets.
Governance & Community Team
The ISSUAA show has been established as a DAO (Decentralized Autonomous Relationship) from its earliest starting point by gathering allies of the show's initial focus, which contains outstanding experience and capabilities in crypto-and blockchain development, capital business area, overall board and subsidiary assets.
The meeting was reassured, that laying out the progress of the ISSUAA show and specific organizations through projecting a voting form procedure that is heavily influenced by the ISSUAA show token holder environment is the right strategy to attract and retain key capabilities and collaborations for future development and improvement. ISSUAA as a truly decentralized cash show.
The value of the IPT token will be generated from fees, which are created from trading the subordinate assets. This fee is earned in the ISSUAA smart settings. To obtain these resources, IPT tokens can be burned. Considering that the cost per token is set to increase continuously, however it would be completely unreasonable that monetary sponsors choose to burn IPT tokens in larger volumes as market fees will inevitably outperform the value of earning fees.
About Polygon
Polygon is a leading platform for Ethereum scaling and infrastructure development. Its growing product suite offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon's scaling solution has been widely adopted with 500+ hosted applications, ~600 million total transactions processed, ~60 million unique user addresses and $5 billion+ assets.
Tokenomics of the ISSUAA protocol
The success of any crypto project — and the DeFi project in particular — is closely tied to the project's tokenomics. Ideally, proper tokenomics should:
- support project growth
- regulate the decision-making process for future protocol development
- let
protocol token owners participate equitably in the revenue generated
We believe that these three aspects need to be considered equally important, because they support each other. We have thus built the ISSUAA protocol around these three guiding principles.
Distribution
The distribution process has two main targets:
- Ensure that the IPT token is widely distributed among its users, who are then responsible for the governance of the protocol.
- Provide incentives to attract new users and capital as well as community participation.
To achieve this target, we have planned to distribute tokens in the following ways:
Initially, up to 5% or 5 million tokens will be distributed to users participating in the alpha testing phase. We will distribute tokens to all users who actively interact with the system and provide feedback or help find bugs. No capital commitment is required during this initial phase, which we will roll out soon.
In addition, 60 percent or 60 million IPT tokens will be distributed to users, who add value to the protocol by adding liquidity to the liquidity pool (80%) and by their active participation in the voting process (20%), once the protocol is active after the launch of the mainnet. Every week, 3% of the total pool that has not been allocated so far will be shared. With this mechanism, the initial liquidity providers will be overvalued.
For More Detailed Information:
Website: https://app.issuaa.org/ and https://issuaa.com/
Medium : https://issuaa.medium.com/
Telegram : https://t.me/issuaa_main
Twitter : https://twitter.com/issuaa2
Discord: https://discord.gg/ttu8vEQM6G
Instagram : https://instagram.com/soficoagency
Author : Homio
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2865336
My Polygon Wallet : 0x3e9D0A5f1eA321a35AAec9629827123860d7Ea09