Values - Metaverse Backup Protocol on Polygon Network
About 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, instead of just looking at the screen.
In short, it's an endless world of interconnected virtual communities. Where, people can work, meet, play using virtual reality headsets, augmented reality glasses, smartphone apps and or other devices.
Facebook's simple description of the metaverse is a set of virtual spaces, where a person can create 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 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.
Conclusion
Dear readers, if you still have questions about the details I have introduced above, write a review so I can answer all your questions. Thank you and don't forget to share the project where you live. This is also a good way to develop Values.
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: Teratai93
Bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=3366083
My pollygon wallet : 0x91A08Af833c868E8E8b13413767f6549f54369d2