Announcement 9.16.2021

  1. Positive rebase — means that if the token price goes above the threshold of +5% of the market price of 1mg of gold, the supply automatically adjusts proportionally.
  2. Negative rebase — means that if the token price goes below the threshold of -5% of the market price of 1mg of gold, the supply automatically adjusts proportionally.

About Auric Network

--

--

--

A Gold-Based Synthetic Commodity Money

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Understanding Privatix Network

Metaverse: How to Make Money from the Virtual Land?

ZoopR — A web 3.0 decentralized social platform

Drift Battles: Public Official Pitch Deck

Peer2Group Ambassadors Bounty Program

Intro to UNION Token and DAO:

The State of Aeon 9_20_2018

Blockchain: 8 Reasons That Can Transform Finance and Accounting

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Auric Network

Auric Network

A Gold-Based Synthetic Commodity Money

More from Medium

Blockchain for Newbies.

CS373 Spring 2022: Kenji Nakachi

Representing the Reel — Pre Production