Redefining Value
THE FINANCIAL DILEMA
Let's talk value!
Intrinsic Value
Intrinsic value is a measure of what an asset is worth. This measure is arrived at by an objective calculation rather than using the currently trading market price of that asset.
Extrinsic Value
Extrinsic value is the difference between the market price and its intrinsic price. It is essentially specualation that an asset should be worth more or less than it is.
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Any store of value will have to focus on intrinsic value because it is easily calculated and deterministic. High extrinsic value leads to speculation and volatility which has nothing to do with stability.
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Our solution is the DRCS (Deviant Reserve Currency System)
Fiat money is a systemic risk to the Blockchain.
It is inherently unverifiable and does not offer any utility than familiarity in an otherwise trustless system.
Dennis Ehmann
What the DRCS?
Introduction
The DRCS (Deviant Reserve Currency System) holds assets giving each token an intrinsic value that can grow sustainably over time. While there is an elastic supply, it doesn't dilute intrinsic value.
Aligning Incentives
The system is setup so that every action benefits the protocol. For example, the Mint & Exit functions are configured in a way that benefits all holders when they are used.
1 Non dilutive in relation to the intrinsic value of each token rather than market cap.
2 Single assets are still volatile which is less of an issue through diversification.
Realigning incentives is a big part of it.
Any action that any one individual may perform should not harm the entire economic construct.
~fl