Empty Set Crypto
ESC0x1ecaf6a3551e5822f142c9689d8f36a9b5f68217
votes
29553votes today
2listed on
CROnetwork
Introduction Decentralized, Composable, Dynamic Rebase and Fractional Reserve Overview Inspired by Empty Set Finance and its predecessors, Empty Set Crypto Protocol builds stablecoins that serve as the reserve currency of Decentralized Finance. ESC is an algorithmic token pegged to CRO running on the Cronos network. The key insight around Empty Set Crypto is that stablecoin pegs are ultimately determined by market demand and supply forces and that creating incentive mechanisms around this is key. To meet the optimal market demand, ESC’s total supply can either expand or contract. These mechanisms are mandatory in order to counteract the scenarios of having ESC trading above or below 1 CRO. Features Using a variety of mechanisms, Empty Set Crypto is able to achieve a number of unique properties: Dynamic Rebase ESC uses Dynamic Rebase Algorithm with supply to keep price pegged to CRO. When TWAP > 1 CRO (expansion phase), more ESC is minted. When TWAP < 1 CRO (contraction phase), new coupons (debt) with premium are generated. Fractional Reserve Protocol stores part of the expansion fund as a reserve treasury. Fractional Reserve helps protocol fastback on the expansion track from the contraction phase. Composable ESC follows the CRC-20 token standard. This makes it work seamlessly across the decentralized finance infrastructure and reduces the likelihood of unforeseen bugs in integrated protocols. Decentralized When the Empty Set Crypto protocol works stable, the team will make the protocol be completely decentralized on-chain governance. Additionally, the protocol launched with 0 initial supply and no pre-mine for the anonymous founding team.
Empty Set Crypto (ESC) Price Today :
Watchlists |
Watched by 0
user
|
||
Marketcap | $ |
?
|
0% |
USD Price | $ |
0.00481982
|
9.7% |
Launch Date |
May 16, 2022 (2 years ago) |
||
Date Added |
May 21, 2022 (2 years ago) |
Buy :
Alternative :
Audit Scan
Contract Verified | |
Honeypot | |
Buy Tax | |
Sell Tax | |
Proxy Contract | |
Mintable | |
Tax Modifiable | |
Personal Tax Modifiable | |
Transfer Pausable | |
Blacklisted |
These audits results are automatic and carried out by external entities, they are not an advice and should be considered along with other factors. we do not verify nor is responsible for the quality of the data obtained through these external auditors, always do your own research and consult multiple sources of information. In case you encounter any incorrect data, contact us at info@coinbazooka.com.
Click to see audit result © Powered by
Disclaimer: CoinBazooka does not endorse Empty Set Crypto. Please Do Your Own Research (DYOR) before investing in any project.
Information incorrect? Please report it to info@coinbazooka.com
Promoted Coins
# | Coin | Coin | Audit | Chain | Symbol | Market Cap | Price | Since Last Peak | Launch | Votes | Vote | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
|
SOL |
MEW | $364,547,355 | $0.00409904 | 2.9% | Apr 1, 2024 | 15541 | |||||
|
Pepe Unchained
Presale
Pepe Unchained
$PEPU
Presale
|
|
Other |
PEPU | $- | $- | - | Oct 31, 2024 | 10720 | |||
|
Catizen
Catizen
$CATI
|
|
TON |
CATI | $- | $- | - | Sep 20, 2024 | 9765 | |||
|
Meme Games Token
Presale
Meme Games Token
$MGMES
Presale
|
|
ETH |
MGMES | $- | $- | - | Sep 30, 2024 | 9476 | |||
|
Crypto All Stars
Presale
Crypto All Stars
$STARS
Presale
|
1
|
ETH |
STARS | $- | $- | - | Oct 31, 2024 | 7960 | |||
|
Memebet Token
Presale
Memebet Token
$MEMEBET
Presale
|
|
ETH |
MEMEBET | $- | $- | - | Dec 31, 2024 | 28 | |||
|
Flockerz
Presale
Flockerz
$FLOCK
Presale
|
|
ETH |
FLOCK | $- | $- | - | Nov 30, 2024 | 24 |