You are viewing a single comment's thread from:

RE: What is the HERTZ Algorithm Based Asset?

in #hertz7 years ago

Hero is one, it appreciates 5% per year pegged to the USD. Arguably altcap.xdr which is a basket currency could be considered an algorithm based asset since it has a formula behind it, though AFAIK the calculation is done on the IMF's side.

There has been talk of the opposite to hero, an asset which depreciates x% per year which would actually be quite simple to implement as an ABA.

Do you have any ideas for an ABA?

Coin Marketplace

STEEM 0.28
TRX 0.11
JST 0.031
BTC 67719.65
ETH 3791.75
USDT 1.00
SBD 3.53