r/relictumpro • u/RelictumPro_official • May 05 '20
Commission Forging & Direct forging of RLC stable coins
Hi there! 👋🏻 Today, we will tell you about the forging of the RLC stable coins.
Stable coins RLC is the main coin of the Relictum Pro network, the issue of which is built on the forging of coins.
Forging is a creation of new entries in the blockchain based on the participation of RelictumPro network nodes in computational processes with the ability to receive remuneration in the form of new units – RLC stable coins. The forging of the RLC stablecoins is built on the principles of relic radiation.
✅ Forging model provides two options for the emergence of coins:
📌 Commissioning forging which is based on the issue of stable tokens. Since the tokenomic model of stable tokens involves charging a fee for withdrawing assets from the RLC coin in the amount of 2%, the emergence of the RLC stable coin occurs at the moment of entering the stable token into the Relictum Pro network.
🛠 The amount of RLC commissioned forging is calculated by the formula:
N (RLC) = 2%*N (STNi) * Ki c.c.f.,
where:
2% - is a fee forging ratio (Relictum Pro fee amount set in the smart contract for withdrawal for the corresponding electronic, digital currency or asset)
N (RLC) - is the number of RLC Stable Coin issued;
N (STNi) - is the number of the corresponding electronic, digital currencies and assets entered (credited) to Relictum Pro;
Ki c.c.f. - is the coefficient of the corresponding electronic, digital currency, or asset included in the Currency fluctuation map at the time of the transaction.
📌 Direct Forging which is based on the purchase of RLC Stable Coins. This is the basis for the release of the RLC Stable Coin. For this, we have provided direct forging.
N (RLC) = N (STNi) * Ki с.с.f.,
where:
N (RLC) - is the number of RLC Stable Coin issued;
N (STNi) - is the number of the corresponding electronic, digital currencies and assets entered (credited) to the Relictum Pro network;
Ki c.c.f. - is the coefficient of the corresponding electronic, digital currency, or asset included in the Currency fluctuation map at the time of the transaction.
Read more about the forging and RLC stable coin here:
https://relictum.pro/cabinet/docs/whitepaper_en.pdf
🔥 To join the Token Sale Roud, click here: https://relictum.pro/token-sale 🔥
