implemented in v6

author

@master

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

Local Graph