Values -Decentralized Autonomous Organization for Non-Fungible Tokens (NFT)
Values DAO are organizations to realize and implement very significant changes in the application of economic theory. This shift can be expressed in the following way: in the digital economy, the economic forces of demand versus supply are generalized to the forces of internal coordination versus price coordination . Supply and demand is only concerned with price coordination, while entrepreneurship/self-organization (which is outside of neo-classical price theory) is concerned with internal coordination. The internal coordination theory framework is able to explain economic productivity and intrinsic value in the digital economy , as distinguished from more specific materialeconomy. Internal coordination is still under-appreciated as a form of economic productivity, especially regarding the digital economy. Internal coordination is separate from the forces of supply and demand, and it is this that balances or regulates supply and demand. Thus, this is what motivates self-correction and natural self-regulation by market participants themselves from within the market. The market needs a human being, an entrepreneur, to recognize and solve existing coordination problems, beyond the price mechanism. This happens through the negotiation of social norms. Markets are only self-regulating and self-correcting insofar as common sense norms are negotiated and shared by day-to-day participants, through internal coordination. The dynamics of internal coordination versus price coordination was first articulated in transaction cost economics, by Ronald Coase in his essay The Nature of the Firm (1937), and later by Douglass North in Transaction Costs, Institutions, and Economic Performance (1992). Transaction costs are essentially the extra-monetary communication costs of operating in the marketplace. They include the costs of planning, deciding, and deliberation. Fundamentally, transaction costs reflect normative rules that govern themselves and regulate market activity internally.
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 the market through tagging and holding. Value is part of the fork path for OlympusDAO with its own turn applied to NFT Bonding for the metaverse space and in light of the Polygon organization.
What is Values?
Values is the Metaverse Reserve Protocol on the Polygon Network based on the $VALUES token. Each $VALUES token is backed by a basket of assets (e.g. MAI, FRAX) in the Value treasury, providing an intrinsic value that cannot fall below it. Values Protocol provides the possibility to support NFT tokens to treasury liquidity. Value introduces economic dynamics and game theory to the market through betting and relationships.
The partially forked value for OlympusDAO with its own twist applied to NFT Bonding for the metaverse space and based on the Polygon network.
About Values
Values 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 the market through tagging and holding. Value is part of a fork path for OlympusDAO with its own turn applied to NFT Bonding for the metaverse space and in light of the Polygon organization.
How do I follow Values?
There are two fundamental systems for market members: marking and holding. Shareholders stake their $VALUES tokens in exchange for more $VALUES tokens, while bonders provide LP or MAI tokens in exchange for limited $VALUES tokens then a fixed vesting period.
How can I profit from Value?
The main benefit for stakeholders comes from supply development. Beavers reap new $VALUES tokens from the repository, most of which are passed on to shareholders who are highly obligated for the $VALUES tokens they advertise. Furthermore, the gains for stakeholders will come from their automatic strengthening equilibrium, but value openness remains a significant consideration. That is, assuming the increase in the symbolic equilibrium outperforms the expected decrease in costs due to the expansion, the stakeholder will create a profit.
The principle benefit for the bonder comes from the consistency of values. Bonders deliver capital openly and are guaranteed a reasonable return at the appointed time; the return is in $VALUES and in this way the bonder's profit will depend on the cost of $VALUES as the bond grows. Bonders benefit from increased or static $VALUES fees.
Who runs Values?
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 the Metaverse Backup Protocol. At this time they will be aiming at development. By joining NFT and holding onto the framework, Value can turn into a major OHM fork with NFT loyalty.
ALL ABOUT THE VALUE ECOSYSTEM :
The Values ecosystem is a Metaverse reserved protocol on polygon network based on the $VALUES token which is advent created in the blockchain opined by great minds or great team member with the sole aim of building a community owned decentralized financial infrastructure to bring more stability and transparency for the metaverse space and it makes use of the polygon network having lots of unique features that is of more beneficiary to its users or to all who embrace the Values ecosystem which the Values is having a great reward system too and in the nearest feature, the values will be the next advent to make waves in the metaverse space simply because of its awesome features.
GOAL OF THE VALUES PLATFORM :
The goal of the Values are simple which is to build a policy controlled liquidity system for NFT Metaverse space, in which the behavior of the $VALUES token is controlled at a high level by the DAO and the Values believes that in the long term that this system can be use to optimize for stability and consistency so that the $VALUES can function as a global unit of account and medium of exchange currency in a decentralized metaverse.
REWARD SYSTEM OF VALUES :
You can agree on the notion that an ecosystem without no reward system to its users will end up not doing well simply because merchant will see no reason of belonging or investing in such ecosystem that they will not be of benefit to them and which is of the reason why the Values ecosystem is having a reward system which their system of rewarding is very awesome.
In the Values ecosystem, the system of rewarding is by rewarding stakers with compounding interest and increasing their Values and NFT holdings over time which makes it a very unique and awesome one and it implies that users gets a compounding interest from their stakes and lots more, just in the Values ecosystem.
THE MODES OF OPERATION OF VALUES :
TREASURY REVENUE (Bonds and LP Fees)
TREASURY GROWTH ( Values Treasury)
STAKING REWARD (Values Token )
NFT REWARDS (NFT Bonding)
TREASURY REVENUE
Bonds and LP Fees : In this aspect, Bonds sales and LP fees increases Values Treasury and lock in liquidity which helps control Values supply.
TREASURY GROWTH
Values Treasury : Here, Treasury inflow is used to increase Values treasury Balance and back outstanding VALUES token and regulates staking APY.
STAKING REWARD
Values Token : In this, Compounds, yields automatically through a treasury backed assets with intrinsic Value.
NFT REWARD
NFT Bonding : In this aspect, it backs NFT with minimum Value and compound NFT holding yields automatically through a treasury backed assets.
All these are what powers the Values platform which makes the ecosystem a very unique one and in the nearest future, the VALUES token will be the top ranking one in the global market which by then it will be very limited simply because of high demand of the VALUES token.
In summary, the Values ecosystem is one unique advent that will foster stability and transparency in the Metaverse which is one major problem merchants are having in the metaverse and with the Values, stability and transparency will be seen in the metaverse, so therefore hop on to this great advent and benefits double from staking, an advent that has put this up like a food for thought which states that, ‘A Store of Value is an asset that is stable or increases in value over time.
#polygon #crypto #cryptocurrency #valuesfinance
For More Information:
Website: https://values.finance/
Documents: https://docs.values.finance/
Twitter: https://twitter.com/ValuesDAO
Discord: https://discord.gg/xdNKGffeY2
Author :
Bitcointalk Username: Bingkeng20
Bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=3389760
My pollygon wallet : 0x518761BCfae203092f914B9e92cd95e82dbA4799