PADDYS DOLLARS XPD PART 2 Paddys Dollars is the first attempt at a self-sustaining economy using proof-of-size and circle spending economics. However the infrastructure of this economy has to be built over time.
>How does XPD work? -Each week there will be a massive sell wall that prevent all buyers from surpassing a certain price -During this accumulation phase, participants will purchase their XPD -The sell wall will then be removed at a set interval each week based on the amount of volume and purchases of XPD (more volume = larger price movement) -After the removal of the sell wall, all purchases of XPD will be placed back into the order book right up to the sell wall -Thus creating a large buy wall and sell wall on each side of one price resulting in stable price -The accumulation phase begins and the cycle continues
>What is the goal of XPD -The goal is create the first stable coin that is backed by the people using proof-of-size. Proof-of-size is simply a method of preventing any one individual from buying or selling the entire order book by creating buy/sell walls that are too expensive for anyone to buy. -This radically different from current stable coins (tether and libra)
>Is this a ponzi -No -This does not fit the framework of a ponzi scheme as it does not need more people to work. It could theoretically work at the first price and achieve the goal of being a stable coin. The price only moves in order to scale forward with more volume to avoid an individual from purchasing the entire order book. If all goes well, the price will become stable at a price high enough that it could only be purchased by a group of moby dicks resulting in a true stable coin that does not change price.
>Where are we? -Yesterday, most airdrops have been sent or are in queue (network is bogged down) -WE HAVE been accepted to be listed on a large decentralized exchange. Look for the announcement soon.
>What is the benefit of owning this token? At the moment -You own a stable coin that scales with the coins usage. Future -A stable coin that is trusted, completely stable and doesn't the troubles of tether or facebook
Once the price of each coin is high enough that it is impossible to purchase the entire order. All coins will be placed on the free market and we will have achieved a self-sustaining economy.
Jackson Torres
0x6A65750a262F72BA41Da14d552BF57fdd28667af
Angel Rogers
Sounds dumb I'm in 0xFF0713F0cd366F4564D861Fee8c1bfB42f5F69b2
Mason Cook
I guess I can dust off my old wallet 0x039Cf9a1Ec04dd6c7514DfD29a47474f84C60AA3
Hunter Robinson
Excellent
0xc15dd054decabf620eb5936a7547e51213b9480f
Ayden Mitchell
0x03ab11BDBd8E9cF719B021E59d426Adb37b5a6fd
Robert Foster
I’m in
0x4F600312Fe9bC3eB5A2F6B9F179bdf8a5E8cAe6b
Nicholas Allen
0xEA207530DB678AaF14BB3278a72aEfda6Ee6E756 GIVE EM UP CHARLIE
Aaron Rodriguez
Gonna give it a try 0x3fe19fA1581c801188B626455b4bE263b84A70fa
David Allen
0x93c7A150733a098225F0d1bcF2d8089Fc8F00376
Henry Cook
Whats the token code?
Jace Martinez
0xe5171090F05647BB594d63dB9Be53FFC87109d02
Connor Ramirez
0x195b5c5b74546775085A5595669778aA70253814
Gabriel Collins
Pls sirs
0x06917f733CDD89994a08e3d53a8224249307CB17
Christian Jones
You cant lose value if you hold
Camden Bell
? So if no volume happens then xpd stays still but if more people buy then the price will be increased?
Leo Carter
0xc239bb234fa2c5c4c3ff62326cddf170ca2b6654
David Powell
0xeadb78Eb03Dc139E92f2aF23392CA6B0AE2c3c41
Jacob Roberts
0x274EaB3b56dCb4413A655A67A92A4880c17b7d85
Joshua Martinez
0xdcd90c192ccdDDf32d8102594CA135447F08b198
Thank you based user
Christian Cook
0x56126113Cd02082337A93565a91Df1BC93F8C6fB
Jackson Edwards
Sounds interesting At what price per Paddy Dollar do you plan to set your first round of selling orders?
Grayson Adams
0x6b8757fcc76c2e5cced5f767194ba5c034e9f968
Blake Murphy
standard erc 20 token
the sell wall will be adjusted based on the amount money being used to purchase XPD.
That will be determined once the airdrops are complete. It has to be high enough where no one can buy the entire wall. I imagine that the gap between buyers and sellers willl be wide in the beginning and narrow in over time. Im thinking in the range of 0.000001 -0.0000005
Joseph Moore
XPD is the iso 4217 code for palladium, dipshit. you fucked up already.
Samuel Collins
I posted in the airdrop thread but didn’t receive any yet. Was there a cutoff at some point in the thread? I was near the bottom of the thread.
Blake Myers
>Im thinking in the range of 0.000001 -0.0000005 Sats or Gwei ?
Christian Ward
same desu
Brandon Davis
it's an erc20 and he mentioned getting it on a DEX obviously gwei
Isaiah Nelson
0x0d5b085FEf81363652f5731F23bAeB85A6C3a47B
Mason Parker
let check the queue. post address again in case i missed them
