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Illya Gerasymchuk
Financial & Software Engineer

๐Ÿ’ธ The dynamic supply of the BRICS currency is defined by a formula:

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Illya Gerasymchuk

2024-04-28 19:28

๐Ÿ’ธ 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 ๐Ÿค–

Like Algorithmic stablecoins and Uniswap

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๐Ÿ” Let's explore how the BRICS currency can leverage these technologies:

โœ… Dynamic supply mechanism via smart contracts
โœ… Legal compliance on-chain using ZKPs
โœ… Integration with DeFi and zkLocus for authenticated private geolocation

๐Ÿ‘‰ A cryptocurrency for Web3