Paladeum Currency

Paladeum Cash

It has a stable nature, and reduces the volatility of Paladeum Coin to a minimum. Paladeum Cash maintains the exchange rate through the Paladeum's capital deposited in the Paladeum's Bank of Palau and an exchange rate prediction machine.

Paladeum Coin

Paladeum Cash is a decentralized digital currency, when the system detects any deviation of the exchange rate of the legal tender, it is necessary to put pressure on prices through algorithms and agreements to normalize prices. Like any other market, Paladeum Coin has the market following simple rules of supply and demand

Which is

All other things being equal, shrinking the supply of currency will result in higher relative currency prices. That is, when the exchange rate level is lower than the target level, a sufficient reduction in the money supply will restore the price level to normal. In the same vein, expanding the money supply will result in a lower relative currency price. That is, when the exchange rate level is higher than the target level, a sufficient increase in the money supply will restore the price level to normal.

The specific implementation of the above method is through our system protocol, algorithm, and auxiliary currency Paladeum Coin. Paladeum Cash Issuance on the POS consensus type blockchain, miners need to mortgage Paladeum Coin in it to proceed with Paladeum Cash mining. Similar to other POS consensus, the number of Paladeum Coin owned determines the mining rights of miners.

In each block cycle, the agreement will select a block producer from the secured miners, who are responsible for summarizing transactions, reaching a consensus among miners, and ensuring that messages are correctly distributed in a short time to produce the next block. How do we use payara to make the exchange rate of Paladeum Cash currency remain stable, which is an important part of the agreement? Simply put, to achieve the above requirements, we allow anyone to exchange between Paladeum Coin and Paladeum Cash currencies at the target exchange rate.

Specifically, from a long-term perspective, the total amount of Paladeum Coin is unchanged, it has a stable demand, so although miners have absorbed the contraction cost of Paladeum Cash currency, its long-term benefits can be guaranteed. Further, the Protocol and algorithm miners will also be incentivized to ensure that miners who maintain the stability of the currency system will be rewarded