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Corey T Mayweather - Specie, An Impermanent Loss Solution

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Specie, An Impermanent Loss Solution Framework Speciecoin@protonmail.com, by Corey T Mayweather Alpha V1 ; Abstract Current Liquidity Pools determine the balance of the pools value based on predetermined algorithms. These predetermined algorithms however have become notorious for causing “Impermanent Loss”. o “a 1.25x price change results in a 0.6% loss relative to HODL” o “a 1.50x price change results in a 2.0% loss relative to HODL” o “a 1.75x price change results in a 3.8% loss relative to HODL” o “a 2x price change results in a 5.7% loss relative to HODL” o “a 3x price change results in a 13.4% loss relative to HODL” o “a 4x price change results in a 20.0% loss relative to HODL” o “a 5x price change results in a 25.5% loss relative to HODL” • “N.B. The loss is the same whichever direction the price change occurs in (i.e. a doubling in price results in the same loss as a halving).” - https://uniswap.org/doc...

Corey T Mayweather — Journey to SpecieCircle V2 — Timed Escrow & Refund accounts

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Timed Escrow & Refunds allow purchasers the comfort of purchasing an item, waiting until it’s confirmed and arrived, and then releasing the funds to the shop and minting the token reward, governance token, or NFT to the purchaser. Timed Escrow With Timed Escrow. SpecieCircle Smart Contracts are given the ability to withold funds of purchase until the customer recieves the item and approves the transaction within 7 days. If the customer claims to not have recieved the item(or is displeased), a dispute is put in. The dispute has 2 weeks to resolve. The dispute process is still under development and research. You have the option to release funds to the shop or dispute. As the exchangeETH() function is called. The Bought Supply will be deducted from the main supply. The current block number will be recorded. The current blocknumber + 302,400 (Polygon’s time estimate for how many blocks are included in 7 days) will be recorded as the ...

Corey T Mayweather — Introduction To Creating SpecieCircle V2

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Corey T Mayweather In Rome   I wanted to start this journey of documenting my progress of building SpecieCircle. SpecieCircle is a manifestation of my ideals: a protocol that produces community-governed goods and services with circulating value. What made me create this was continual dissatisfaction with the retail industry: orders taking months to be shipped, lack of customer support, and the community feeling the same dissatisfaction. However, nobody was able to do anything about it. In SpecieCircle, shops are created with the purpose of community governance, open transparency, and open supply chain management. The V1 Smart Contracts of SpecieCircle introduced open supply chain management built completely on-chain, along with token minting with item purchases. The V2 Smart Contracts of SpecieCircle will introduce timed escrow & refund accounts, enabling minting of ERC20 and ERC721 smart contracts directly from the main smar...