Protocol COIN
Bitcoin With No Downside
Extract from White Paper:
Protocol coin is stable decentralised money that rewards holders with all the gains of Bitcoin but none of the downside.
Backed by BTC the coin is designed to:
- buy the same goods in 5, 10 or 30 years' time as it does today
- provide the gains of Bitcoin with no loss of value as the price of Bitcoin falls.
It's mission is to be the preferred means of exchange for individuals and business alike which enables it to capture a share of the $95 trillion global broad money supply.
Until now no currency has been able to provide both a stable value and to reward its owners.
Major decisions of the project are voted on by holders of the Governance Token (GT) who also share in revenue earned by lending the BTC from the collateral pool.
A second feature of Protocol Coin is a risk-free arbitrage between itself and BTC that eventually removes downside volatility from Bitcoin itself. This frees Bitcoin to fulfill its purpose as a global store of value.
- buy the same goods in 5, 10 or 30 years' time as it does today
- provide the gains of Bitcoin with no loss of value as the price of Bitcoin falls.
It's mission is to be the preferred means of exchange for individuals and business alike which enables it to capture a share of the $95 trillion global broad money supply.
Until now no currency has been able to provide both a stable value and to reward its owners.
Major decisions of the project are voted on by holders of the Governance Token (GT) who also share in revenue earned by lending the BTC from the collateral pool.
A second feature of Protocol Coin is a risk-free arbitrage between itself and BTC that eventually removes downside volatility from Bitcoin itself. This frees Bitcoin to fulfill its purpose as a global store of value.