Stable Price Algorithm (SPA)
ValiFi's goal is to be a Sustainable Market Neutral DaaS Protocol.
Market Neutral means that no matter what the market is doing, our token will be stable and pegged within a price range.
How Does This Work?
To simplify, SPA listens to buys and sells on the blockchain and performs arbitrage on the price. Buying when the token price reaches the lower boundary and selling when the price of the token reaches the upper boundary. This system will yield a profit for the liquidity of the SPA.
SPA provides an extreme advantage to the protocol, as it will require little to no money from the treasury to maintain the price between the range.
SPA is far more complicated. This is just a simplification of the system.
The SPA is protected against:
Sniping Bots.
Pump and dumps by big whales.
Flash loans.
Any other type of manipulation from outside sources.
Advantages of SPA over other similar systems
Unlike other systems, SPA will be 100% decentralized, meaning you can buy and sell the VALI token on any decentralized exchange (DEX) where the VALI token is listed.
No need to use a centralized exchange owned by the protocol itself, this leads to a centralization risk.
The SPA has been audited by CertiK, link to final report will be posted once released.
The future of SPA
In the future, SPA will be provided as a service to other protocols.
Partnership will only happen with protocols that have similar core values as ValiFi.
Protocols based on honesty and transparency.
Last updated