THELOGICALINDIAN - The analysis archetypal of the new Timvi TMV anchored algebraic stablecoin was launched today ie September 18 2024 The discharge of the stablecoin is not accountable to the access of any third parties TMV will acquiesce its users to acquire both during balderdash and buck bazaar A compensation affairs with rewards of up to 15000 is provided as allotment of the projects launch
While creating the TMV token, the developers took into annual the problems of absolute stablecoins, such as those accompanying to audits, as able-bodied as issues of absorption and trust. TMV is a aegis badge with a ambition amount set at $1. Each badge is super-secured by the ETH-deposits of the ecosystem’s participants. Any actor can analysis the aegis of any token, while the adherence and discharge of the tokens is provided by the TMV algorithm.
With the apparatus of recapitalization, the developers don’t alone accommodate the adherence of the token, they additionally accommodate the accoutrement bare to acquire money during both balderdash and buck market.
The about-face of ETH to TMV happens in the TBox – a appropriate blockchain annual aural the Timvi ecosystem. The buyer of a TBox can abjure funds in ETH at any time, as able-bodied as abutting the TBox or alteration it to any added user. If the TBox is closed, the emitted TMVs are austere and the drop is alternate in ETH. The barter is agitated out at the centralized TMV/USD rate, which is set at 1 TMV = $1.
During the ETH bulk drops the accessory of TBox decreases. In this case, the TBox buyer needs to backpack out the recapitalization and drop ETH or TMV. Otherwise, the TBox avalanche into the “toxic” class and can be recapitalized by addition user. The being initiating the recapitalization receives a agency in ETH from a drop in the TBox in the bulk of 1% to 6% of the recapitalized amount. If the ETH barter amount increases, and there is additionally a proportional access of the arrangement collateral, the buyer of the TBox can abjure added TMV in dollars or lock in profits.
The college the all-around accessory of the system, the lower the akin of every TBox collateral. A stabilization apparatus is provided in the accident of a aciculate bead in the barter amount of ETH.
The TMV ecosystem includes a cardinal of casework implemented for the all-around community:
The Timvi ecosystem will be of absorption to abounding participants of the crypto community, including able traders, institutional investors, ancestors offices, as able-bodied as crypto enthusiasts in general. In the future, the developers plan to acquaint an analog of bazaar options, actualize opportunities for alive with associate networks, advance accoutrement for decentralized exchanges, accessible up an API for third-party developers.
Bounty program will acquiesce testers to acquire rewards by award bugs and errors in the arrangement during the aboriginal weeks afterwards the arrangement was launched. The types of errors and the rewards for award them are disconnected into several levels:
A – Critical (logical, algebraic errors in the acute contract) – up to $15,000;
B – Serious (service errors) – up to $1000;
C – Minor (problems in the blueprint and the advice display) – up to 15 TMV.
Website: timvi.com/
Social media:
Facebook: facebook.com/Timviofficial/
Reddit: reddit.com/r/TimviOfficial/
Medium: medium.com/timviofficial/
Twitter: twitter.com/timviofficial/
Telegram: t.me/TimviCommunity
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