๐ธ The dynamic supply of the BRICS currency is defined by a formula:
M = ForT + FDI + PI + ForEx + G&EX + InterSec + Der + ForDeposit + EuroCurrency + MTransfer + Etc.
This can be automated using smart contracts on the blockchain ๐ค
Like Algorithmic stablecoins and Uniswap
๐ Let's explore how the BRICS currency can leverage these technologies:
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Dynamic supply mechanism via smart contracts
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Legal compliance on-chain using ZKPs
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Integration with DeFi and zkLocus for authenticated private geolocation
๐ A cryptocurrency for Web3