• About
  • Advertisement
  • Disclaimer
  • Term Of Use
  • DMCA
  • Privacy Policy
  • Cookies Policy
  • Submit Guest Post
  • Contact Us
Best Crypto Blog Website
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
    Abstract Stock 15 1678719454M1vrYxtidF

    Metacade’s Community-Driven GameFi Platform Raises Over $10M in Presale

    Project Matthew PR 1678700539zbX7lss3lQ

    BinaryX Releases Trailer and Opens Beta Test For Futuristic Space Game Project Matthew

    Bloxmith Launches Raiders Rumble

    Bloxmith Launches Raiders Rumble, A Mobile Strategy Game for Both Web2 and Web3 Gamers, on the Flow Blockchain

    MZR Arbitrum 16 9 1 1678186073kvM9ve92gQ

    Mizar Launches $MZR Token on Arbitrum and Unveils DeFi Roadmap

    Metaverse Stock 20 1678213287vfl1J9dKCW

    Metacade Token Sale Advances to Stage 6 with $9.3m Sold and Only 2 Stages Left

    NFC 1678198662DAKIdwFdY4

    DeFiChain To Sponsor the National Fighting Championship in Germany

    NMB L Logo 1 1678185195bmw0uQsUb8

    Presale for AltSignals new AI trading algorithm raises over $100k in 24 hours

    test 1678094103dRx144d0Ar 1678094130higWKLIuR3

    TRON Takes the Lead in Developing the Digital Identification Program for Dominica Metaverse

    AD015 CashGiveawaySignUp 1200x720 v2 16775606146s2sz79Li3

    Cerus Markets Launches its Mobile Trading App $10,000 Giveaway

  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting
Advertisement
No Result
View All Result
Welcome To Wootfi All In One Review Blog
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
    Abstract Stock 15 1678719454M1vrYxtidF

    Metacade’s Community-Driven GameFi Platform Raises Over $10M in Presale

    Project Matthew PR 1678700539zbX7lss3lQ

    BinaryX Releases Trailer and Opens Beta Test For Futuristic Space Game Project Matthew

    Bloxmith Launches Raiders Rumble

    Bloxmith Launches Raiders Rumble, A Mobile Strategy Game for Both Web2 and Web3 Gamers, on the Flow Blockchain

    MZR Arbitrum 16 9 1 1678186073kvM9ve92gQ

    Mizar Launches $MZR Token on Arbitrum and Unveils DeFi Roadmap

    Metaverse Stock 20 1678213287vfl1J9dKCW

    Metacade Token Sale Advances to Stage 6 with $9.3m Sold and Only 2 Stages Left

    NFC 1678198662DAKIdwFdY4

    DeFiChain To Sponsor the National Fighting Championship in Germany

    NMB L Logo 1 1678185195bmw0uQsUb8

    Presale for AltSignals new AI trading algorithm raises over $100k in 24 hours

    test 1678094103dRx144d0Ar 1678094130higWKLIuR3

    TRON Takes the Lead in Developing the Digital Identification Program for Dominica Metaverse

    AD015 CashGiveawaySignUp 1200x720 v2 16775606146s2sz79Li3

    Cerus Markets Launches its Mobile Trading App $10,000 Giveaway

  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting
Advertisement
No Result
View All Result
Welcome To Wootfi All In One Review Blog
No Result
View All Result
Home COINS

What Is Predictz (PRDZ)? Complete Guide Review About Predictz.

Nile by Nile
12/02/2023
What Is Predictz (PRDZ)?
Share on FacebookShare on Twitter

What Is Predictz (PRDZ)?

If no one provides collateral when Predictz is needed, it will easily cause QSD to break into a “death cycling”. In the fractional algorithmic synthetic asset system, when collateral needs to be added, it is often accompanied by a decline in the CEC price and the QSD price below the target price. The additional issuance of CEC tokens during the recollateralization process will undoubtedly intensify the decline in its price. It is very risky if all the stability recovery is pinned on the assumption that the CEC market price can sustain by the market itself.

Therefore, the Predictz Ecosystem development team proposes to release the buffering token CBT during the recollateralization process instead of directly releasing CEC. The CBT minted in redemption and recollateralization cannot be redeemed to CEC immediately. Users can convert CBT tokens to CEC when the system has surplus, that is, in the state of buyback and QSD price exceeds the target. Through this mitigation mechanism, users’ worries about the loss of their own equity caused by the short-term large-scale release and dumping of CEC are eliminated. CBT is actually the regulator of CEC token price.

Predictz Storage Key Points

Coin BasicInformation
Coin NamePredictz
Short NamePRDZ
Circulating Supply7,988.40 PRDZ
Total Supply30,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

DBQ

When the market price of QSD is lower than $1 to an extent, to establish the price stability of QSD and obtain future profits when redeeming, users can buy Predictz stable bond token DBQ with QSD at a discount. Each DBQ bond token can be exchanged back into 1 QSD when the exchange conditions are met in the future. When DBQ bonds are purchased, the QSD will be burned and exit from circulation, so as to reduce the circulation quantity of QSD and promote the price of QSD return to the target value.

DBQ bonds have no interest and no vanished time. Only if the price of QSD is greater than $1, they can be converted into QSD at a ratio of 1:1. This design can prevent bondholders from suffering losses in the process of redemption.

In order to encourage users to actively buy bonds when the QSD discount is large, the system will set a certain discount to encourage users to buy DBQ bonds. At the beginning of the launch of Predictz, the price of DBQ will be set to the third power of the QSD market price. After the market price of QSD exceeds $1.001/QSD, users can redeem QSD from DBQ bond tokens.

Product function

In AMMs protocol such as Uniswap and Balancer, the ratio of assets in the pool has to be proportional due to the constant product function, the LP token is just a proprietary rata claim on the pool + fees. In Predictz Labs, the design concept of QSD is similar to this. QSD can be understood as a pool similar to AMM, and the LP token is the stablecoin QSD. The design purpose of QSD is to continue to ensure that QSD is successfully mintable/redeemable with collateral equivalent to the target price and CEC tokens through the current collateral ratio.

The ratio of the underlying assets (collateral and CEC) dynamically changes based on the price of the QSD. If the QSD price is dropping, then the protocol tips the ratio in favor of collateral and less in the CEC token to regain confidence in QSD. If the QSD price rises above the target price, the QSD protocol’s collateral ratio will change in the direction of increasing the proportion of the CEC token algorithm.

Predictz of QSD, which will allocate excess collateral to CEC token holders who call the buyback function. Anyone can burn CEC tokens equivalent to the excess collateral and call the buyback contract to get excess collateral. The “buyback swap” function always keeps value accruing to the governance token any time there is excess fees/collateral/value in the system.

Market Forces

The dynamic change of collateral/stability continues. QSD uses AMM theory to test different Predictz ratios, incentivize internationalization through arbitrage swaps, and redistribute excess value back to CEC holders through a buyback swap. The protocol starts at a 99.8% collateral ratio at the genesis and might or might not ever get to purely algorithmic. The novel insight uses market forces itself to see how much of a QSD can be algorithmically stabilized with the CEC token so that it keeps a tight band around the target price.

Purely algorithmic/rebase designs like Basis, ESD, and Seigniorage Shares have wildly fluctuating prices as much as 40% around $1 that take days/weeks to stabilize before going through another cycle. This is counterproductive and arising the assumes whether the market actually needs a stablecoin with 0% Predictz. From the perspective of stablecoin design, this high volatility of purely algorithmic stablecoins is counterproductive and is not conducive to its final widespread promotion and combination with other DeFi applications. QSD doesn’t make this ideal assumption.

Instead, it measures the market’s preference. It finds the actual collateral ratio which holds a stablecoin tightly around $1, periodically testing small differences in the ratio when the price of Predictz slightly rises/drops. QSD uses AMM concepts to make a real-time fractional-algorithmic stablecoin that is as fast at price recovery as Uniswap and Balancer, keeping trading pools correctly priced.

Predictz Ecosystem developers believe that fractional-algorithmic designs like Frax and QSD are paradigm shifting for stablecoins. It is fast, real-time balancing, algorithmic, governance-minimized, and extremely resilient. QSD will become a trusted stablecoin and all of the crypto community can embrace and practice cryptocurrency development since the advent of bitcoin.

Tags: How To Buy Predictz?Predictz CoinsPredictz Review
Nile

Nile

Nile Is Very Old Author At Wootfi Blog . We Loves To Write About Altcoin , ICO & Defi . In Free Time He Loves To Play Football .

Next Post
What Is Tatcoin (TAT)?

What Is Tatcoin (TAT)? Complete Guide Review About Tatcoin.

LATEST .PRESS RELEASE

download 1677168444uErwRE2KOQ

Satoshi Nakamoto’s last unfinished project inspires this new online marketplace disruptor in the crypto space

28/02/2023
Product Update Medium

Carbon Offsetting for Blockchains & Beyond: Regen Network Launches Carbon Marketplace

16/02/2023

LATEST NEWS

Which direction will BTC go

2 critical levels formed in Bitcoin price after the rise: Which direction will BTC go?

20/03/2023
Maggi to Launch Recipe NFTs in the Metaverse

Maggi to Launch Recipe NFTs in the Metaverse

15/03/2023
Egyptian police accused the creators of the Hoggpool project of $615,000 crypto fraud

Egyptian police accused the creators of the Hoggpool project of $615,000 crypto fraud

15/03/2023
US senators urge Meta to close children's access to the metaverse

US senators urge Meta to close children’s access to the metaverse

06/03/2023
Court rejects tax fraud charges against Michael Sailor's MicroStrategy

Court rejects tax fraud charges against Michael Sailor’s MicroStrategy

05/03/2023
Fighting Bears: Bitcoin Miner Riot's Bitcoin Blockchain Hashrate Reaches ATH in 2022

Fighting Bears: Bitcoin Miner Riot’s Bitcoin Blockchain Hashrate Reaches ATH in 2022

05/03/2023
Welcome To Wootfi All In One Review Blog

Welcome to Wootfi, your number one source for all things [Cryptocurrency]. We’re dedicated to giving you the very best of [Crypto Review], with a focus on [Blockchain Technology ], [Crypto News], [Investment Website].

Follow Us

Categories

  • Affiliate Program
  • AIRDROPS
  • Best Crypto Wallet
  • Bitcoin News
  • Blockchain News
  • Buy Crypto
  • Cardano News
  • CASINO REVIEW
  • CLOUD MINING
  • COINS
  • Crypto News
  • Crypto Press Release
  • DEFI
  • Earning Survey Sites
  • Education Platform
  • Ethereum News
  • Exchange
  • Features
  • Fintech
  • Forex
  • Format Folder
  • Government News
  • ICO
  • Investment
  • News
  • NFT NEWS
  • Press Release
  • Ripple News
  • Uncategorized
  • WALLET
  • Web Hosting
ADVERTISEMENT
  • About
  • Advertisement
  • Disclaimer
  • Term Of Use
  • DMCA
  • Privacy Policy
  • Cookies Policy
  • Submit Guest Post
  • Contact Us

© 2023 WOOTFI - Develop by WOOTFI.
All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - [email protected] .

No Result
View All Result
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting

© 2023 WOOTFI - Develop by WOOTFI.
All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - [email protected] .