
X7 - e/acc 🥷
1.7K posts

X7 - e/acc 🥷
@X7_101
👁️ Engineer & Researcher - You have to be greedy when others are fearful and fearful when others are greedy.




















Introducing the Supply Watcher. Last time, I introduced you to the $QUBIC Halving and all the impact it was going to have. During that introduction, I mentioned a feature that few people know about but which is a pillar of the $QUBIC ecosystem. Let me introduce you to Supply Watcher, the economic brain of $QUBIC and an indispensable tool for the halving. The Supply Watcher is a $QUBIC network entity and smart contract that monitors the total supply of $QUBIC and dynamically adjusts the burn rate in real time. Its role is to maintain network participation while controlling inflation. Unlike traditional systems with predefined burn rates or emission rates, Supply Watcher dynamically adjusts the burn rate of $QUBIC in real time. So how does it really work ? Constant Monitoring: The Supply Watcher continuously monitors network conditions and supply data in real time. It is influenced by factors such as smart contract activity and general network conditions, allowing it to adapt to economic and market variability. Dynamic Adjustment: Based on available data, it modifies the percentage of $QUBIC burned each week. Its role is to balance supply reduction with overall network stability. Prevention of Extremes: Its crucial role is to prevent excessive deflation or instability. It smooths out fluctuations in Computor rewards and emission levels by adjusting the burn rate, ensuring that the reduction in supply is balanced and does not discourage participation. But then what makes it innovative ? Unmatched Flexibility: Unlike the fixed halving schedules of #Bitcoin and others, $QUBIC's Supply Watcher offers rare economic agility. Issuance and burn figures are flexible estimates, not rigid values, allowing $QUBIC to adapt to changes in demand and participation. Network Stability: This adaptability allows $QUBIC to respond intelligently to market contingencies or changes in usage, avoiding the sudden supply shocks associated with fixed halvings. Long-Term Sustainability: By proactively regulating supply, the Supply Watcher ensures the sustainability of rewards for Computors and the preservation of value for $QUBIC holders, contributing to a more robust and resilient ecosystem. Supply Watcher isn't just a feature, it's a philosophy: that of a smart crypto economy, capable of adapting and thriving in the long term. It's proof of $QUBIC's commitment to sustainable scarcity and intrinsic value. Think about everything that has been said and ask yourself if it isn't innovative ? And beyond the lines of code, let us never forget that the magic lies in the dream of a better world. Thank you for reading. Courtesy of X7 🪶







Best memecoin beta play on base is clearly $CHOMP. With the moves $ETH is making, there's basically no reason for this to trade sideways. I mean look at this chart, weekly timeframe. With Toshi and Brett moving, this should stop lagging quite soon. dexscreener.com/base/0xd95bae6…








