Metaverse Reserve Protocol on Polygon Network

About Values

Values is Metaverse Reserve Protocol on Polygon Network based on the $VALUES token. Each $VALUES token is backed by a basket of assets (e.g. MAI, FRAX) in the Values treasury, giving it an intrinsic value that it cannot fall below. Values Protocol gives a possibility to back NFT tokens to the treasury liquidity. Values introduce economic and game-theoretic dynamics into the market through staking and bonding.

Values is partly fork for OlympusDAO with own twist applied for NFT Bonding for metaverse space and based on Polygon network.

HOW VALUES WORK??

TREASURY REVENUE
Bonds & LP fees — Bond sales and LP Fees increase Values Treasury Revenue and lock in liquidity and help control VALUES supply.
TREASURY GROWTH
Values Treasury — Treasury inflow is used to increase Values Treasury Balance and back outstanding VALUES tokens and regulate staking APY.
STAKING REWARDS
VALUES Token — Compounds yields automatically through a treasury backed assets with intrinsic value.
NFT REWARDS
NFT Bonding — Backing NFT with minimum value and compounds NFT holding yields automatically through a treasury backed assets.

What is the point of Values?

Our goal is to build a policy-controlled liquidity system for NFT metaverse space, in which the behavior of the $VALUES token is controlled at a high level by the DAO. In the long term, we believe this system can be used to optimize for stability and consistency so that $VALUES can function as a global unit-of-account and medium-of-exchange currency in a decentralized metaverse. In the short term, we intend to optimize the system for growth and wealth creation.

How can I benefit from Values?

The main benefit for stakers comes from supply growth. The ValuesDAO harvests new $VALUES tokens from the treasury, the majority of which are distributed to the stakers thanks for the $VALUES tokens they offered. Thus, the gain for stakers will come from their auto-compounding balances, though price exposure remains an important consideration. That is, if the increase in token balance outpaces the potential drop in price (due to inflation), stakers would make a profit.

The main benefit for bonders comes from price consistency. Bonders commit a capital upfront and are promised a fixed return at a set point in time; that return is in $VALUES and thus the bonder’s profit would depend on $VALUES price when the bond matures. Bonders benefit from a rising or static $VALUES price.

Roadmap

Values is aim to become Metaverse Reserve Protocol. In a short term, we would be focusing on expansion. By combining NFTs and bonding system, Values could become the first OHM fork with NFT loyalties. Detailed roadmap soon…

Please follow the link below for more information:

Website Docs
Twitter Discord

Author: cold_murchete
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile
Polygon address: 0x21176939a87A48cFDfA07147159F2097d5917f3a