Efforts to ensure the stability of Paladeum currency

Our core goal is to enable Paladeum Coin currency to maintain its purchasing power, have a long-term stable value, and gradually develop into a medium for large-scale transactions and savings. Therefore, Paladeum currency first needs to have a clear value, and keep its price fluctuating within a narrow range around the value. We hope that the value of Paladeum currency can be linked to the value of a legal tender. The challenge to solve this problem lies in the following two aspects.

First, generally speaking, the exchange rate of a legal tender cannot be read directly on the blockchain. Secondly, Paladeum currency has a time-sensitive price in the secondary market and is also exogenous to the blockchain, so the agreement must rely on a decentralized method and technology to estimate the real exchange rate. The core technology to solve this problem is called the exchange rate oracle.

The operation method of the exchange rate oracle machine is as follows:

• Exchange rate prediction machine

• How to use the Oracle system to divide into Paladeum Cash, which has a stable currency system, and Paladeum Coin, a variable-backed currency