A new Formula Backed Asset enters the arena!
Introducing the concept of "Pendulum"!
- X_Period = MOD((CurrentBlock-PendulumGenesisBlock),BlocksInPeriod)/BlocksInPeriod
//This will give us a value between 0 and 0.99 (period) continuously. - Amplitude=0.5 //Varying the reference asset by 50%
- PI=3.14159265359
- Pendulum_Value = [USD | XDR] + (Amplitude * SIN(X_Period * (2 * PI)))
Thus we get a formula backed asset which is representative of [USD|XDR] which both rises and falls in a predictable manner, thus having a phase which encourages the sale of the token and a phase which encourages the buying of the token.
Other threads
Bitsharestalk thread!
@cm-steem/for-every-hero-there-is-an-arch-nemesis-idea-for-the-opposite-to-the-hero-fpa
@stan/the-hero-from-bitshares-island-5
@stan/starship-bitshares-and-its-hero-warp-drive
https://bitsharestalk.org/index.php/topic,24092.0.html