VALUES

 

Values ​​is the Metaverse Reserve Protocol on the Polygon Network.

Get to know the term Metaverse

In fact, the first person who famously coined the term metaverse was Neal Stephenson. He mentioned the term in his 1992 novel, Snow Crash. The term metaverse refers to a 3D virtual world inhabited by avatars of real people.

This term does not have a universally accepted definition. Think of the metaverse as the internet rendered in 3D. Zuckerberg describes the metaverse as a virtual environment you can enter, not just look at the screen.

In short, it's an endlessly interconnected world of virtual communities. Where, people can work, meet, play using virtual reality headsets, augmented reality glasses, smartphone applications and or other devices.

Facebook's simple description of the metaverse is a set of virtual spaces, where a person can be creative and explore with other internet users who are not in the same physical space as that person.

Abstract

Value is the Metaverse Reserved Protocol on the Polygon Network depending on the $VALUES token. Each $VALUES token is backed by a resource chest (e.g. MAI, FRAX) in the Value store, providing a non-negligible fair value. The Value Protocol provides the possibility to support NFT tokens to storage liquidity. Value brings the monetary and hypothetical elements of the game to market through tagging and holding. Values ​​are part of the branching path for OlympusDAO in turn applied to NFT Bonding for the metaverse space and based on Polygon organization.

Our goal is to create a fully decentralized system to control $VALUES tokens without using any central regulatory control. In the long term we believe that such a system can be used to optimize stability and consistency so that $VALUES can become a global unit of account in a decentralized metaverse, however, our current focus is on growth and wealth creation.

How does it work?

At a high level, Value consists of a protocol-managed treasury, protocol-held liquidity (POL), bond mechanisms, and wagering rewards designed to control supply expansion.

The sale of bonds generates profits for the protocol, and the treasury uses those profits to print $VALUES and distribute them to stakeholders. With liquidity bonds, the protocol can accumulate its own liquidity. See the entry below on the importance of POL.

What is Value for?

Our goal is to build a policy-driven liquidity system for the NFT metaverse space, where the behavior of the $VALUES token is controlled to a high degree by the DAO. In the long term, we believe this system can be used for optimization and consistency so that $VALUES can function as a global unit of account and media exchange currency in a decentralized metaverse. In the short term, we want to create systems to optimize growth and wealth.

How do I participate in Values?

There are two main development strategies for market participants: stalking and tying. Holding $VALUE tokens their share is not equal to $VALUE tokens, whereas binding grants LP or MAI tokens in exchange for discounted $VALUE tokens after a set period.

How can I benefit from Value?

The main benefit to stakeholders comes from supply growth. ValuesDAO harvests new $VALUES tokens from the treasury, most of which are distributed to stakeholders thanks to the $VALUES tokens they offer. Thus, profits for shareholders will come from their automatic deposits, although risk remains an important consideration. That is, if the increase exceeds the potential decline in prices (due to inflation), the stakeholders will benefit.

The main benefit for bonders comes from price consistency. Bonders provide upfront and maintain capital at a specific point in time; it is in $VALUES and thus the bonder's profit will rest on the price of $VALUES at the time the bond matures. Bonders benefit from rising or static $VALUES prices.

Who makes Value

Values ​​is an offshoot of OlympusDAO with a turn implemented for the NFT space on the Polygon Network that will help with various tasks of building a decentralized metaverse. The central group has consolidated involvement with software engineering, cryptography, economics, and planning. Followed by a long involvement with crypto. They like to remain mysterious for the achievement of this task as our target is changing to a Decentralized Autonomous Organization.

Values ​​intends to address this by generating free stash money, $VALUES, backed by resource pools. By focusing on expanding supply instead of forecasting appreciation, Values ​​believes that $VALUES can serve as cash holding its purchasing power with little regard for the exhibit of uncertainty.

Who runs Value

To date most of the choices have been made by the central group but the team hopes to have the option to quickly convert this to a DAO managed model with your help value expected to be Metaverse Backup Protocol. Currently they will aim for development. By joining NFT and sticking to the framework, Value can turn into a major OHM branch with NFT loyalty.

What is Staking?

Staking is the main value accrual strategy of Values. Stakers stake their $VALUES on the Values ​​website for rebase rewards. Rebase rewards come from the proceeds of bond sales, and may vary based on the amount of $VALUES wagered in the protocol and the rate of return set by monetary policy.

Roadmap

Value aims to be the Metaverse Backup Protocol. In the short term, we will focus on expansion. By combining NFT and bonding systems, Values ​​can become the first OHM fork with NFT loyalty.

Detailed roadmap coming soon…

Further information ,

Website: https://values.finance/

Documents: https://docs.values.finance/

Twitter: https://twitter.com/ValuesDAO

Discord: https://discord.gg/xdNKGffeY2

Reddit: https://discord.gg/xdNKGffeY2

Telegram : https://t.me/valuesDAO Ann, https://t.me/valuesDAO_announcements

#polygon #crypto #cryptocurrency #valuesfinance

Username: Bambangfamungkas Link: https://bitcointalk.org/index.php?action=profile;u=3122436