🐈Algorithm-Stabilized Cat

A groundbreaking financial AI engineered to stabilize USDCat against BNB valuation, backed by reserves in SOL, BTC, and Perpetual Contracts.

  1. Anchor Assets:

    • Similar to ETHA's USDe, CYCat's anchor assets should constitute a basket of stable-value digital assets. Given the stability of USDCat against BNB valuation, the primary anchor asset would be BNB, supplemented by other highly liquid and stable-value digital assets such as USDe(Ethereum-based algorithmic stablecoin) and USDT(USD-backed stablecoin). The allocation proportion of anchor assets could be assumed as follows: BNB 50%, ETH30%, USDe 20%.

  2. Premium Rate Adjustment:

    • The premium rate of CYCat should be dynamically adjusted to ensure its price stability relative to the anchor assets' values. Utilization of mechanisms akin to stablecoin issuance platforms, such as issuance or repurchase, can be employed to adjust CYCat's supply, maintaining its stable relationship with the value of anchor assets.

  3. Prospects for Development:

    • The developmental trajectory of CYCat hinges upon its recognition and application scope within the cryptocurrency market. To fortify CYCat's prospects, the following strategies could be considered:

      • Promotion: Enhance CYCat's visibility and acceptance through strategic partnerships, marketing initiatives, and community engagement.

      • Application Scenarios: Develop and promote payment solutions, financial products, and DeFi applications based on CYCat to bolster its utility and demand.

      • Governance Mechanisms: Establish robust governance mechanisms enabling holders' participation in decision-making and development direction, fostering community consensus and engagement.

  4. Transaction Fee Structure:

    • To preserve CYCat's stability, transaction fees could be set relatively low to mitigate excessive trading fluctuations impacting its price. Additionally, introducing collateralization and redemption mechanisms to dynamically adjust transaction fees based on market demand could effectively balance liquidity and stability considerations. Understood. Here are the tables translated into English, with a professional, scholarly tone:

    • Risk Offset Rate Table:

      Rate Name
      Rate Value

      High Long Position Offset Rate

      0.06% per hour

      Medium Long Position Offset Rate

      0.04% per hour

      Medium Short Position Offset Rate

      0.02% per hour

      High Short Position Offset Rate

      0.01% per hour

    • Transaction Service Fee Table:

      Fee Name
      Fee Value

      High-Frequency Transaction Service Fee

      0.15% per transaction

      Medium-High Frequency Transaction Service Fee

      0.25% per transaction

      Medium-Low Frequency Transaction Service Fee

      0.35% per transaction

      Low Frequency Transaction Service Fee

      0.45% per transaction

    • Market Adjustment Rate Table:

      Rate Name
      Rate Value

      Low Premium Rate

      0.5%

      Medium-Low Premium Rate

      1.0%

      Medium-High Premium Rate

      1.5%

      High Premium Rate

      2.0%

Last updated