Daiquilibrium

Daiquilibrium, paired with DAI, implements a triad of central design elements. A new twist on an algorithmic stablecoin, prioritizing capital efficiency and price stability. With the aim of promoting stability, DAIQ introduces the idea of dynamic epochs—which change duration based on token price. The further from peg, the shorter the epoch (and vice versa). Furthermore, our governance platform supports modification on a variety of relevant parameters like minimum epoch duration, coupon expiration time, expansion price, and many more for maximum flexibility. Original, streamlined code builds supply and pricing formulas into our smart contracts, ensuring every mechanic—from epochal advance to decentralized governance—is fully automated and mathematically secured. Fairly launching DAIQ with no team or marketing tokens guarantees equality of opportunity from the very beginning. And since anyone can mint DAIQ throughout the token generation event (TGE), advance botters are also prevented from capturing a large and growing percentage of total supply. Advancing is instead incentivized through a biphasic model: while bootstrapping, as a fixed 150 DAI (cut from TGE raise); and thereafter, as a standard remittance of 100 DAIQ tokens.