A new Formula Backed Asset enters the arena! Pendulum!

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


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