What is $TBCD.

20 May 2023, 18:01
💎 What is $TBCD? 💎 TBCD (Token Bonding Curve Dollar) is an algorithmic, non-synthetic stablecoin w/ its value maintained by the SORA token bonding curve💫 $TBCD is created to be worth slightly less than $1 when $XOR is far lower than the current price point on the token bonding curve, reducing sell pressure to XOR when the price of XOR is low 🪙By aligning the value of $TBCD w/ XOR price movements, the stablecoin supports the buildup of reserves in the TBC. This creates stability & enhances the ecosystem's resilience during volatile periods 🏛 The creation & allocation of $TBCD are solely managed by on-chain governance XOR holders have the power to decide its supply, ensuring a decentralized & community-driven approach🗳 Moreover, the $TBCD token plays a vital role in funding the creation of new goods and services through on-chain referendums✨ With $TBCD, we can foster a more sustainable & balanced market for $XOR, mitigating sell pressure during low price periods Learn more👇 Introducing TBCD