Where HERO has strong buy support (shorters debt increases over the year), NEMESIS would have strong sell support (shorters have less debt as time goes on).
Say we were to reduce the feed price by 1% each month against the USD, we could maintain this algorithm for approx 150 years at which point the asset would hit the max decimal places currently possible within the Bitshares DEX. If depreciating at the same rate as HERO (opposite) the algorith would work for approx 360 years.. so perhaps it's not that silly an idea considering the asset would only run into problems hundreds of years down the road..
Where HERO has strong buy support (shorters debt increases over the year), NEMESIS would have strong sell support (shorters have less debt as time goes on).
Say we were to reduce the feed price by 1% each month against the USD, we could maintain this algorithm for approx 150 years at which point the asset would hit the max decimal places currently possible within the Bitshares DEX. If depreciating at the same rate as HERO (opposite) the algorith would work for approx 360 years.. so perhaps it's not that silly an idea considering the asset would only run into problems hundreds of years down the road..
Hi @cm-steem I've Published a post about you, check it out if you can, thanks.
32 Best Steemit Bloggers Of The Day To Follow 27th July 2017
https://steemit.com/steemit/@jzeek/32-best-steemit-blogger-of-the-day-to-follow-27th-july-2017