Use of DIA and dDIA


DIA token

DIA is a native token of the Diamonde protocol, fully supported by the Diamonde Treasury. Unlike other stablecoins, DIA is not pegged to any fiat currency. On the contrary, it is a freely floating 'flat coin' that transparently executes price ranges through programming using Range Boundary Stability (RBS) system. DIA aims to fill the gap between fiat stablecoins and volatile cryptocurrency assets, providing relative stability and scalability in a completely autonomous manner without relying on off chain.

DIA is a governance token on the Diamonde platform, belonging to the category of algorithmic non stablecoins. Each DIA is minted and issued based on treasury RFV risk-free assets, supported by the treasury as an asset. The trading price of DIA is lower than the lowest treasury support price, which triggers treasury reserves for repurchase and destruction, maintaining DIA's price above the treasury support floor price to promote ecological stability and deepen community consensus.

The maximum issuance threshold of the national treasury

Protocol formula

Maximum Issuance Threshold=α.TVL+β.LP+γ.G

  • α=0.2; The influence of TVL on the upper limit of casting accounts for 20%

  • β=0.5; The lock up period value of the liquidity mining pool accounts for 50%

  • γ=0.3; 30% increase in usage

This protocol embeds maximum development thresholds α, β, and γ to set the upper limit for treasury casting

The agreement clearly sets the total supply limit of platform tokens to ensure that the treasury minting process does not exceed the limit Define scope, enhance scarcity and market trust.

The casting rules are executed by on chain smart contracts, ensuring transparency, fairness, and immutability

dDIA token

dDIA, Governance DIA is an ERC-20 token used to propose upgrades to Diamonde The only token of the protocol. dDIA can be obtained through packaging DIA, and vice versa. The only current use case for dDIA is for governing voting and serving as collateral for obtaining Cooler loans.

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