1610442023
Daiquilibrium (DAIQ) is an algorithmic stablecoin forked from code written by the Empty Set Dollar (ESD) and Dynamic Det Dollar (DSD) devs.We’ve implemented a few custom features with original code, as well as a redesigned bootstrapping method which gives everyone the opportunity to buy at the same price, maximally reflexive to demand.
For a bulleted summary, please visit the TL;DR at the end.
ESD introduced the concept of a non-collateralized stablecoin but carries design elements that seem intended to benefit earlier adopters at the expense of maintaining its peg. DSD refined some issues by improving reflexivity, but maintains a slow response to demand due to overly long lockups. Both rely on centralized, freezable USDC in their design, with ESD going so far as to maintain a USDC treasury, arguably eroding its status as a pure non-collateralized stablecoin.
The advance bootstrapping method of launch, ineffective at distributing tokens fairly based on demand, leads to unnecessary price fluctuations and bloated rewards for early DAO holders. It is unnecessary and counterproductive to limit supply so tightly at launch, which results in early holders massively in profit and capable of singlehandedly impacting the price beyond the bounds of acceptability for a useful stablecoin. This problem is magnified by the extraordinarily over-incentivized early advance calls, and the hoarding of the rewards from those calls out of general circulation, and into the DAO. The competition and massive gas wars around early advances benefit no one but ETH miners and bot makers. It doesn’t have to be this way.
We built Daiquilibrium hoping to solve the issues we see in ESD and its derivatives. We introduce a new launch method, the initial swap offering, allowing anyone to purchase DAIQ in exchange for 1 DAI prior to the start of bootstrapping. Proceeds from the initial swap will fund advance callers to the tune of 150 DAI per epoch. This approach to launch has two key advantages: it tempers the typical price spike at launch, and curbs the fluctuations afterwards by providing a launch method that is reflexive to initial demand.
We’ve introduced a dynamic bootstrapping length which targets a supply of 25m tokens at a fixed rate of 4.5% inflation per epoch, corresponding to a fixed time weighted average price (TWAP) of 1.54 DAI:DAIQ. Please see our bootstrapping length visualizations:
A dynamic bootstrapping length lets our protocol be reflexive to initial demand, without minting an oversupply of tokens, all while staying closer to peg.
Our second change to launch is to pay advance callers in DAI, saving liquidity providers from impermanent loss. Each successful advance call will be paid 150 DAI from the reserves built up during the initial swap. Once the DAI from the swap is exhausted, the protocol will switch to rewarding 100 DAIQ per advance. We believe this is sufficient to incentivize development of automated protocol management, without being overcompensated at the expense of regular users. After all, the protocol is hiring for a job, and holders pay the salary, so best be frugal.
The Daiquilibrium protocol is designed to be more reflexive to demand by varying the length of each epoch depending on the TWAP, between a minimum of 30 minutes and a maximum of 2 hours. A projection of epoch length vs. TWAP is provided below:
Epoch length is calculated using this formula:
let normalizedPrice;
if price > peg
normalizedPrice = peg / price;
else
normalizedPrice = price;
Epoch duration =Min Period + normalized price*(Max Period — Min Period)
with an initial maximum period of 7200 seconds (2 hours) and a minimum period of 1800 seconds (30 minutes).
Active contracts are located at:
0x0aF9087FE3e8e834F3339FE4bEE87705e84Fd488
DAO (DAIQS)0x73D9E335669462Cbdd6aa3AdaFe9efeE86a37Fe9
DAIQ0x362f5F2C5855Ff09e542e89b8Ab7f7d0928C62da
Oracle0x26B4B107dCe673C00D59D71152136327cF6dFEBf
UniswapV2 DAI:DAIQ Pair0x7D9A429e8EBecD2726BD2bc0B843864ba075F0b4
LP Incentivation PoolWould you like to earn DAIQ right now! ☞ CLICK HERE
Please add our communication channel to keep you up to date! Looking for more information…
☞ Website ☞ Explorer ☞ Explorer 2 ☞ Source Code ☞ Social Channel, ☞ Social Channel 2 ☞ Message Board☞ Coinmarketcap
Create an Account and Trade Cryptocurrency NOW
☞ Binance ☞ Bittrex ☞ Poloniex ☞ Bitfinex
Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!
#blockchain #bitcoin #daiquilibrium #daiq
1610442023
Daiquilibrium (DAIQ) is an algorithmic stablecoin forked from code written by the Empty Set Dollar (ESD) and Dynamic Det Dollar (DSD) devs.We’ve implemented a few custom features with original code, as well as a redesigned bootstrapping method which gives everyone the opportunity to buy at the same price, maximally reflexive to demand.
For a bulleted summary, please visit the TL;DR at the end.
ESD introduced the concept of a non-collateralized stablecoin but carries design elements that seem intended to benefit earlier adopters at the expense of maintaining its peg. DSD refined some issues by improving reflexivity, but maintains a slow response to demand due to overly long lockups. Both rely on centralized, freezable USDC in their design, with ESD going so far as to maintain a USDC treasury, arguably eroding its status as a pure non-collateralized stablecoin.
The advance bootstrapping method of launch, ineffective at distributing tokens fairly based on demand, leads to unnecessary price fluctuations and bloated rewards for early DAO holders. It is unnecessary and counterproductive to limit supply so tightly at launch, which results in early holders massively in profit and capable of singlehandedly impacting the price beyond the bounds of acceptability for a useful stablecoin. This problem is magnified by the extraordinarily over-incentivized early advance calls, and the hoarding of the rewards from those calls out of general circulation, and into the DAO. The competition and massive gas wars around early advances benefit no one but ETH miners and bot makers. It doesn’t have to be this way.
We built Daiquilibrium hoping to solve the issues we see in ESD and its derivatives. We introduce a new launch method, the initial swap offering, allowing anyone to purchase DAIQ in exchange for 1 DAI prior to the start of bootstrapping. Proceeds from the initial swap will fund advance callers to the tune of 150 DAI per epoch. This approach to launch has two key advantages: it tempers the typical price spike at launch, and curbs the fluctuations afterwards by providing a launch method that is reflexive to initial demand.
We’ve introduced a dynamic bootstrapping length which targets a supply of 25m tokens at a fixed rate of 4.5% inflation per epoch, corresponding to a fixed time weighted average price (TWAP) of 1.54 DAI:DAIQ. Please see our bootstrapping length visualizations:
A dynamic bootstrapping length lets our protocol be reflexive to initial demand, without minting an oversupply of tokens, all while staying closer to peg.
Our second change to launch is to pay advance callers in DAI, saving liquidity providers from impermanent loss. Each successful advance call will be paid 150 DAI from the reserves built up during the initial swap. Once the DAI from the swap is exhausted, the protocol will switch to rewarding 100 DAIQ per advance. We believe this is sufficient to incentivize development of automated protocol management, without being overcompensated at the expense of regular users. After all, the protocol is hiring for a job, and holders pay the salary, so best be frugal.
The Daiquilibrium protocol is designed to be more reflexive to demand by varying the length of each epoch depending on the TWAP, between a minimum of 30 minutes and a maximum of 2 hours. A projection of epoch length vs. TWAP is provided below:
Epoch length is calculated using this formula:
let normalizedPrice;
if price > peg
normalizedPrice = peg / price;
else
normalizedPrice = price;
Epoch duration =Min Period + normalized price*(Max Period — Min Period)
with an initial maximum period of 7200 seconds (2 hours) and a minimum period of 1800 seconds (30 minutes).
Active contracts are located at:
0x0aF9087FE3e8e834F3339FE4bEE87705e84Fd488
DAO (DAIQS)0x73D9E335669462Cbdd6aa3AdaFe9efeE86a37Fe9
DAIQ0x362f5F2C5855Ff09e542e89b8Ab7f7d0928C62da
Oracle0x26B4B107dCe673C00D59D71152136327cF6dFEBf
UniswapV2 DAI:DAIQ Pair0x7D9A429e8EBecD2726BD2bc0B843864ba075F0b4
LP Incentivation PoolWould you like to earn DAIQ right now! ☞ CLICK HERE
Please add our communication channel to keep you up to date! Looking for more information…
☞ Website ☞ Explorer ☞ Explorer 2 ☞ Source Code ☞ Social Channel, ☞ Social Channel 2 ☞ Message Board☞ Coinmarketcap
Create an Account and Trade Cryptocurrency NOW
☞ Binance ☞ Bittrex ☞ Poloniex ☞ Bitfinex
Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!
#blockchain #bitcoin #daiquilibrium #daiq
1658068560
WordsCounted
We are all in the gutter, but some of us are looking at the stars.
-- Oscar Wilde
WordsCounted is a Ruby NLP (natural language processor). WordsCounted lets you implement powerful tokensation strategies with a very flexible tokeniser class.
["Bayrūt"]
and not ["Bayr", "ū", "t"]
, for example.Add this line to your application's Gemfile:
gem 'words_counted'
And then execute:
$ bundle
Or install it yourself as:
$ gem install words_counted
Pass in a string or a file path, and an optional filter and/or regexp.
counter = WordsCounted.count(
"We are all in the gutter, but some of us are looking at the stars."
)
# Using a file
counter = WordsCounted.from_file("path/or/url/to/my/file.txt")
.count
and .from_file
are convenience methods that take an input, tokenise it, and return an instance of WordsCounted::Counter
initialized with the tokens. The WordsCounted::Tokeniser
and WordsCounted::Counter
classes can be used alone, however.
WordsCounted.count(input, options = {})
Tokenises input and initializes a WordsCounted::Counter
object with the resulting tokens.
counter = WordsCounted.count("Hello Beirut!")
Accepts two options: exclude
and regexp
. See Excluding tokens from the analyser and Passing in a custom regexp respectively.
WordsCounted.from_file(path, options = {})
Reads and tokenises a file, and initializes a WordsCounted::Counter
object with the resulting tokens.
counter = WordsCounted.from_file("hello_beirut.txt")
Accepts the same options as .count
.
The tokeniser allows you to tokenise text in a variety of ways. You can pass in your own rules for tokenisation, and apply a powerful filter with any combination of rules as long as they can boil down into a lambda.
Out of the box the tokeniser includes only alpha chars. Hyphenated tokens and tokens with apostrophes are considered a single token.
#tokenise([pattern: TOKEN_REGEXP, exclude: nil])
tokeniser = WordsCounted::Tokeniser.new("Hello Beirut!").tokenise
# With `exclude`
tokeniser = WordsCounted::Tokeniser.new("Hello Beirut!").tokenise(exclude: "hello")
# With `pattern`
tokeniser = WordsCounted::Tokeniser.new("I <3 Beirut!").tokenise(pattern: /[a-z]/i)
See Excluding tokens from the analyser and Passing in a custom regexp for more information.
The WordsCounted::Counter
class allows you to collect various statistics from an array of tokens.
#token_count
Returns the token count of a given string.
counter.token_count #=> 15
#token_frequency
Returns a sorted (unstable) two-dimensional array where each element is a token and its frequency. The array is sorted by frequency in descending order.
counter.token_frequency
[
["the", 2],
["are", 2],
["we", 1],
# ...
["all", 1]
]
#most_frequent_tokens
Returns a hash where each key-value pair is a token and its frequency.
counter.most_frequent_tokens
{ "are" => 2, "the" => 2 }
#token_lengths
Returns a sorted (unstable) two-dimentional array where each element contains a token and its length. The array is sorted by length in descending order.
counter.token_lengths
[
["looking", 7],
["gutter", 6],
["stars", 5],
# ...
["in", 2]
]
#longest_tokens
Returns a hash where each key-value pair is a token and its length.
counter.longest_tokens
{ "looking" => 7 }
#token_density([ precision: 2 ])
Returns a sorted (unstable) two-dimentional array where each element contains a token and its density as a float, rounded to a precision of two. The array is sorted by density in descending order. It accepts a precision
argument, which must be a float.
counter.token_density
[
["are", 0.13],
["the", 0.13],
["but", 0.07 ],
# ...
["we", 0.07 ]
]
#char_count
Returns the char count of tokens.
counter.char_count #=> 76
#average_chars_per_token([ precision: 2 ])
Returns the average char count per token rounded to two decimal places. Accepts a precision argument which defaults to two. Precision must be a float.
counter.average_chars_per_token #=> 4
#uniq_token_count
Returns the number of unique tokens.
counter.uniq_token_count #=> 13
You can exclude anything you want from the input by passing the exclude
option. The exclude option accepts a variety of filters and is extremely flexible.
:odd?
.tokeniser =
WordsCounted::Tokeniser.new(
"Magnificent! That was magnificent, Trevor."
)
# Using a string
tokeniser.tokenise(exclude: "was magnificent")
# => ["that", "trevor"]
# Using a regular expression
tokeniser.tokenise(exclude: /trevor/)
# => ["magnificent", "that", "was", "magnificent"]
# Using a lambda
tokeniser.tokenise(exclude: ->(t) { t.length < 4 })
# => ["magnificent", "that", "magnificent", "trevor"]
# Using symbol
tokeniser = WordsCounted::Tokeniser.new("Hello! محمد")
tokeniser.tokenise(exclude: :ascii_only?)
# => ["محمد"]
# Using an array
tokeniser = WordsCounted::Tokeniser.new(
"Hello! اسماءنا هي محمد، كارولينا، سامي، وداني"
)
tokeniser.tokenise(
exclude: [:ascii_only?, /محمد/, ->(t) { t.length > 6}, "و"]
)
# => ["هي", "سامي", "وداني"]
The default regexp accounts for letters, hyphenated tokens, and apostrophes. This means twenty-one is treated as one token. So is Mohamad's.
/[\p{Alpha}\-']+/
You can pass your own criteria as a Ruby regular expression to split your string as desired.
For example, if you wanted to include numbers, you can override the regular expression:
counter = WordsCounted.count("Numbers 1, 2, and 3", pattern: /[\p{Alnum}\-']+/)
counter.tokens
#=> ["numbers", "1", "2", "and", "3"]
Use the from_file
method to open files. from_file
accepts the same options as .count
. The file path can be a URL.
counter = WordsCounted.from_file("url/or/path/to/file.text")
A hyphen used in leu of an em or en dash will form part of the token. This affects the tokeniser algorithm.
counter = WordsCounted.count("How do you do?-you are well, I see.")
counter.token_frequency
[
["do", 2],
["how", 1],
["you", 1],
["-you", 1], # WTF, mate!
["are", 1],
# ...
]
In this example -you
and you
are separate tokens. Also, the tokeniser does not include numbers by default. Remember that you can pass your own regular expression if the default behaviour does not fit your needs.
The program will normalise (downcase) all incoming strings for consistency and filters.
def self.from_url
# open url and send string here after removing html
end
Are you using WordsCounted to do something interesting? Please tell me about it.
Visit this website for one example of what you can do with WordsCounted.
Contributors
See contributors.
git checkout -b my-new-feature
)git commit -am 'Add some feature'
)git push origin my-new-feature
)Author: Abitdodgy
Source Code: https://github.com/abitdodgy/words_counted
License: MIT license
1659601560
We are all in the gutter, but some of us are looking at the stars.
-- Oscar Wilde
WordsCounted is a Ruby NLP (natural language processor). WordsCounted lets you implement powerful tokensation strategies with a very flexible tokeniser class.
Are you using WordsCounted to do something interesting? Please tell me about it.
Visit this website for one example of what you can do with WordsCounted.
["Bayrūt"]
and not ["Bayr", "ū", "t"]
, for example.Add this line to your application's Gemfile:
gem 'words_counted'
And then execute:
$ bundle
Or install it yourself as:
$ gem install words_counted
Pass in a string or a file path, and an optional filter and/or regexp.
counter = WordsCounted.count(
"We are all in the gutter, but some of us are looking at the stars."
)
# Using a file
counter = WordsCounted.from_file("path/or/url/to/my/file.txt")
.count
and .from_file
are convenience methods that take an input, tokenise it, and return an instance of WordsCounted::Counter
initialized with the tokens. The WordsCounted::Tokeniser
and WordsCounted::Counter
classes can be used alone, however.
WordsCounted.count(input, options = {})
Tokenises input and initializes a WordsCounted::Counter
object with the resulting tokens.
counter = WordsCounted.count("Hello Beirut!")
Accepts two options: exclude
and regexp
. See Excluding tokens from the analyser and Passing in a custom regexp respectively.
WordsCounted.from_file(path, options = {})
Reads and tokenises a file, and initializes a WordsCounted::Counter
object with the resulting tokens.
counter = WordsCounted.from_file("hello_beirut.txt")
Accepts the same options as .count
.
The tokeniser allows you to tokenise text in a variety of ways. You can pass in your own rules for tokenisation, and apply a powerful filter with any combination of rules as long as they can boil down into a lambda.
Out of the box the tokeniser includes only alpha chars. Hyphenated tokens and tokens with apostrophes are considered a single token.
#tokenise([pattern: TOKEN_REGEXP, exclude: nil])
tokeniser = WordsCounted::Tokeniser.new("Hello Beirut!").tokenise
# With `exclude`
tokeniser = WordsCounted::Tokeniser.new("Hello Beirut!").tokenise(exclude: "hello")
# With `pattern`
tokeniser = WordsCounted::Tokeniser.new("I <3 Beirut!").tokenise(pattern: /[a-z]/i)
See Excluding tokens from the analyser and Passing in a custom regexp for more information.
The WordsCounted::Counter
class allows you to collect various statistics from an array of tokens.
#token_count
Returns the token count of a given string.
counter.token_count #=> 15
#token_frequency
Returns a sorted (unstable) two-dimensional array where each element is a token and its frequency. The array is sorted by frequency in descending order.
counter.token_frequency
[
["the", 2],
["are", 2],
["we", 1],
# ...
["all", 1]
]
#most_frequent_tokens
Returns a hash where each key-value pair is a token and its frequency.
counter.most_frequent_tokens
{ "are" => 2, "the" => 2 }
#token_lengths
Returns a sorted (unstable) two-dimentional array where each element contains a token and its length. The array is sorted by length in descending order.
counter.token_lengths
[
["looking", 7],
["gutter", 6],
["stars", 5],
# ...
["in", 2]
]
#longest_tokens
Returns a hash where each key-value pair is a token and its length.
counter.longest_tokens
{ "looking" => 7 }
#token_density([ precision: 2 ])
Returns a sorted (unstable) two-dimentional array where each element contains a token and its density as a float, rounded to a precision of two. The array is sorted by density in descending order. It accepts a precision
argument, which must be a float.
counter.token_density
[
["are", 0.13],
["the", 0.13],
["but", 0.07 ],
# ...
["we", 0.07 ]
]
#char_count
Returns the char count of tokens.
counter.char_count #=> 76
#average_chars_per_token([ precision: 2 ])
Returns the average char count per token rounded to two decimal places. Accepts a precision argument which defaults to two. Precision must be a float.
counter.average_chars_per_token #=> 4
#uniq_token_count
Returns the number of unique tokens.
counter.uniq_token_count #=> 13
You can exclude anything you want from the input by passing the exclude
option. The exclude option accepts a variety of filters and is extremely flexible.
:odd?
.tokeniser =
WordsCounted::Tokeniser.new(
"Magnificent! That was magnificent, Trevor."
)
# Using a string
tokeniser.tokenise(exclude: "was magnificent")
# => ["that", "trevor"]
# Using a regular expression
tokeniser.tokenise(exclude: /trevor/)
# => ["magnificent", "that", "was", "magnificent"]
# Using a lambda
tokeniser.tokenise(exclude: ->(t) { t.length < 4 })
# => ["magnificent", "that", "magnificent", "trevor"]
# Using symbol
tokeniser = WordsCounted::Tokeniser.new("Hello! محمد")
tokeniser.tokenise(exclude: :ascii_only?)
# => ["محمد"]
# Using an array
tokeniser = WordsCounted::Tokeniser.new(
"Hello! اسماءنا هي محمد، كارولينا، سامي، وداني"
)
tokeniser.tokenise(
exclude: [:ascii_only?, /محمد/, ->(t) { t.length > 6}, "و"]
)
# => ["هي", "سامي", "وداني"]
The default regexp accounts for letters, hyphenated tokens, and apostrophes. This means twenty-one is treated as one token. So is Mohamad's.
/[\p{Alpha}\-']+/
You can pass your own criteria as a Ruby regular expression to split your string as desired.
For example, if you wanted to include numbers, you can override the regular expression:
counter = WordsCounted.count("Numbers 1, 2, and 3", pattern: /[\p{Alnum}\-']+/)
counter.tokens
#=> ["numbers", "1", "2", "and", "3"]
Use the from_file
method to open files. from_file
accepts the same options as .count
. The file path can be a URL.
counter = WordsCounted.from_file("url/or/path/to/file.text")
A hyphen used in leu of an em or en dash will form part of the token. This affects the tokeniser algorithm.
counter = WordsCounted.count("How do you do?-you are well, I see.")
counter.token_frequency
[
["do", 2],
["how", 1],
["you", 1],
["-you", 1], # WTF, mate!
["are", 1],
# ...
]
In this example -you
and you
are separate tokens. Also, the tokeniser does not include numbers by default. Remember that you can pass your own regular expression if the default behaviour does not fit your needs.
The program will normalise (downcase) all incoming strings for consistency and filters.
def self.from_url
# open url and send string here after removing html
end
See contributors.
git checkout -b my-new-feature
)git commit -am 'Add some feature'
)git push origin my-new-feature
)Author: abitdodgy
Source code: https://github.com/abitdodgy/words_counted
License: MIT license
#ruby #ruby-on-rails
1622197808
SafeMoon is a decentralized finance (DeFi) token. This token consists of RFI tokenomics and auto-liquidity generating protocol. A DeFi token like SafeMoon has reached the mainstream standards under the Binance Smart Chain. Its success and popularity have been immense, thus, making the majority of the business firms adopt this style of cryptocurrency as an alternative.
A DeFi token like SafeMoon is almost similar to the other crypto-token, but the only difference being that it charges a 10% transaction fee from the users who sell their tokens, in which 5% of the fee is distributed to the remaining SafeMoon owners. This feature rewards the owners for holding onto their tokens.
Read More @ https://bit.ly/3oFbJoJ
#create a defi token like safemoon #defi token like safemoon #safemoon token #safemoon token clone #defi token
1621844791
The SafeMoon Token Clone Development is the new trendsetter in the digital world that brought significant changes to benefit the growth of investors’ business in a short period. The SafeMoon token clone is the most widely discussed topic among global users for its value soaring high in the marketplace. The SafeMoon token development is a combination of RFI tokenomics and the auto-liquidity generating process. The SafeMoon token is a replica of decentralized finance (DeFi) tokens that are highly scalable and implemented with tamper-proof security.
The SafeMoon tokens execute efficient functionalities like RFI Static Rewards, Automated Liquidity Provisions, and Automatic Token Burns. The SafeMoon token is considered the most advanced stable coin in the crypto market. It gained global audience attention for managing the stability of asset value without any fluctuations in the marketplace. The SafeMoon token clone is completely decentralized that eliminates the need for intermediaries and benefits the users with less transaction fee and wait time to overtake the traditional banking process.
The SafeMoon Token Clone Development is a promising future for upcoming investors and startups to increase their business revenue in less time. The SafeMoon token clone has great demand in the real world among millions of users for its value in the market. Investors can contact leading Infinite Block Tech to gain proper assistance in developing a world-class SafeMoon token clone that increases the business growth in less time.
#safemoon token #safemoon token clone #safemoon token clone development #defi token