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Stablecoin [x]
This is kinda what the docs.curioinvest should be about. This is messy and needs lots of work. Both text and visuals.
CURIODAO AND CURIO
CREATOR PROTOCOL
CURIODAO
CurioDAO is a project built on the Ethereum network as well as Polkadot that is open-sourced. This project is efficiently handled by persons all around the globe who are in possession of CGT, which is the governance token. By process of scientific authority, which includes administrative selection and governance survey, the holders of CGT handle the Creator Protocol and economic risks posed to the Curio Stablecoin in order to maintain its solidity, clarity, and efficiency.
What is this admin selection and governance surveys?
The voting weight of CGT is synonymous with the number of GCT a person puts into the voting contract. This means that the higher tokens are put into the contract, the higher the power of said voter to make decisions.
The Creator Protocol, which was developed on Polkadot as well as ETH blockchain, allows users to develop a new coin. New segments of this Protocol include the Curio Chainlink Oracles, Stablecoin, Voting, and the Creator Security Vaults.
CurioDAO controls the Protocol by determining the major limitations across the selecting power of those in possession of CGT.
Not sure I get this.
CGT TOKEN
The CGT token, which is also referred to as the governance token of the Protocol of the Creator, enables the possessors to possess it to cast votes on alterations to be made on the Creator Protocol.
It is noteworthy that anyone can bring up a proposal for a CGT vote even without possessing a CGT. The process of Governance creation usually encompasses proposals and executive voting.
The proposal selection is carried out to initiate a preliminary agreement of the group’s opinion before Executive voting begins. This guarantees that decisions related to governance are considered, and an agreement is reached before the actual process of voting. The voting process is usually helps to confirm (or cancel) adjustments to the position of the system.
What?
Technically, different kinds of votes are handled by smart contracts.
A Proposal contract is a type of smart contract that is integrated with a governance action or more but can only be used once. When it is finished, it quickly enacts the changes being voted on into the variables affecting the internal governance of the Protocol. Once used, the Proposal Contract becomes void.
Can a proposal contract be both a poll or an executive?
what do you mean by "when it is finished"?
CGT VOTING
Proposal Contracts can easily be deployed by an ETH address; holders of the CGT token can then vote for whichever proposal they would prefer as the Active proposal. Whichever Ethereum address has the highest votes gets chosen as the active proposal. The proposal chosen is authorized with administrative access to the variables affecting the internal control of the Creator Protocol and also has the power to alter them. Along with the Creator governance role of the CGT token, there is also a secondary role it plays as the recapitalizing resource for the Protocol. Suppose a debt in the system (which is usually a result of the inability to provide enough Stablecoins being made by the security auction to cover the incomplete responsibility of the vault) passes the surplus. In that case, the supply of CGT token might arise through the use of a debt auction to refurbish the system. This is a risk that requires the possessors of CGT to come together and dutifully govern the ecosystem of the Creator to avoid extreme taking of risks.
CURIO STABLECOIN (CSC)
It is easy to create and use CurioStableCoin (CSC); those in possession of security tokens that are confirmed as well as Curio Capital AG usually create Stablecoins by dropping some assets as security into the creator vault, which is inside the Creator Protocol.
Stablecoin circulates in this manner and is how the users have access to liquidity and can also get it by purchasing it through different exchange markets.
Once you’ve created or purchased it, you can use the Stablecoin the way you would any other crypto coin. It can be sent to others or used for purchasing goods and services. One of the many features of the Creator Protocol is that it allows you to use the Curio Stablecoin as savings.
All Stablecoins currently in circulation is supported by surplus security, which entails that the security’s worth is greater than the debt of the stable coin.
CSC is surplus secure? What other stablecoins?
Every transaction made with the Stablecoin is made public on the blockchain.
To generate new Stablecoins in the Creator Protocol, one can use the security assets through the use of Creator Vault, which is a smart contract. After the deposit is made, the value of the security is then decided with the use of Curio Chainlink Oracles, and depending on the information gotten about the security; the stable coin is then issued by CurioDAO.
Are new CSC created or any stable coin you want?
Need much more info about this process...
Actors
Dao - CDP (Collateralized Debt Position) engine
Cats - keeper robots
Rats - Curio Chainlink client, price feed oracles
Jars - Token vaults
Csc - Curio Stablecoin
Cgt - Curio Governance Token
Account
Gov - admin multisig
Top - root authority
Vow - settler/liquidator
Pals - Curio Governance Tokens holders
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