Relictum Pro RLC Stable Coins.

Relictum Pro
2 min readApr 2, 2020

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Stablecoins are cryptocurrencies that have a stable price that is not subject to volatility like the value of traditional cryptocurrencies. This property is achieved by linking the exchange rate of stablecoins to stable assets, for example, fiat currencies (US dollars, euros), physical assets (oil, gold). This makes it possible to use Stablecoin as a means of settlement in commodity-money relations, since it allows you to determine and compare prices for goods and services.

All currently available stablecoins can be divided into 𝘁𝗵𝗿𝗲𝗲 𝘁𝘆𝗽𝗲𝘀:
✔️ Stablecoins secured by traditional currencies and other assets in a 1 to 1 ratio.
✔️ Stablecoins provided by other cryptocurrencies. Everything is the same as described above, but instead of fiat currencies and other financial assets, such stablecoins are “tied” to top cryptocurrencies, for example, bitcoin or ether.
✔️ Stablecoins without collateral. Such tokens have a price, which can be any, because they have no connection with something tangible.

⠀⠀𝗪𝗵𝗮𝘁 𝗶𝘀 𝗥𝗲𝗹𝗶𝗰𝘁 𝗖𝗼𝗶𝗻 (𝗥𝗟𝗖)?
Relict Coin is the coin that is not subject to external economic and political influences, it is based on the complex mathematical algorithm that excludes coin inflation. If you make an analogy with the world of electronic, digitalcurrencies and assets, we can draw the following conclusions:
➖ The amount of assets on Earth — is a constant value
➖ The value of electronic, digital currencies and assets — fluctuates only with respect to each other

The project team believes that you can create a permanent, relative to the basis of all currencies, stablecoin RLC, which would level fluctuations in the value of stable tokens with respect to each other.

⠀⠀𝗥𝗟𝗖 𝗶𝘀 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝘀𝘁𝗮𝗯𝗹𝗲 𝗰𝗼𝗶𝗻
Such constancy will be expressed in the costing of dynamic-coefficient stable-coin RLC related to global electronic, digital currencies and assets that will be reflected on the currency fluctuation map.

⠀⠀𝗦𝘁𝗮𝗯𝗹𝗲 𝗖𝗼𝗶𝗻 𝗙𝗼𝗿𝗴𝗶𝗻𝗴
The forging model provides for two options for the emergence of coins:
◾️ 𝗖𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻 𝗙𝗼𝗿𝗴𝗶𝗻𝗴 — 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%
◾️ 𝗗𝗶𝗿𝗲𝗰𝘁 𝗳𝗼𝗿𝗴𝗶𝗻𝗴 — Based on the purchase of RLC stablecoins
▫️ This is the basis for the release of stable RLC coins

Stable RLC coins resulting from direct forging, in the amount of 100% will be automatically credited to network users who purchased RLC stablecoins.

Read more about 𝗥𝗲𝗹𝗶𝗰𝘁 𝗖𝗼𝗶𝗻 𝗛𝗘𝗥𝗘: https://relictum.pro/relictcoin

🏮 Website: https://relictum.pro


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Relictum Pro
Relictum Pro

Written by Relictum Pro

Relictum Pro is a blockchain of the latest generation. #Blockchain 5.0

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