Proof of Treasure
Last updated
Last updated
The Proof of Treasure is an innovative concept designed to align the market capitalization of our token as closely as possible with the total value of the treasury. This alignment is achieved through a dynamic taxation mechanism applied to each buy and sell transaction involving DVE. The rate of this tax is determined by algorithms that assess the congruence between the treasure's value (TV) and the market capitalization (MC) of the total number of tokens in circulation.
By adjusting the tax rate in response to fluctuations in the treasure's value relative to the market capitalization, we ensure that the intrinsic value of the token reflects the actual wealth stored in the treasury. This methodology promotes a transparent and equitable financial ecosystem where the token's market valuation genuinely represents its underlying economic strength.
This system serves to stabilize the token's market value, protect against speculative volatility, and provide a solid foundation for sustainable growth. Through the Proof of Treasure, we aim to foster a more stable and trustworthy investment environment, encouraging long-term engagement and investment in the ecosystem.