• implemented in v6
  • author

  • rationale

    • although proposed daily english auction for A and V is simple it does not solve the biggest problem it must solve
    • mechanism must not provide supply if demand is not enough
    • therefore i propose even simple mechanism that is target to solve exaclty this
    • while leaving the room for supply growth in case of growing demand
  • design

    • energy is minted using exponential bonding curve for those who provide $H
    • $H is effectively burned on each mint
    • while the price on external markets is lower when in bonding curve there is no extra supply of energy
    • while demand force the price of energy go up the bonding curve provides extra supply
    • initial price of bonding curve reflect the price on the moment of changing energy mint system