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