Problems and solutions

What are the essential problems of current tokens and how to solve them?

❓ Problems

1_ Most tokens operate based on parameters set by the admin and specific developers. However, when it becomes difficult to precisely control those parameters due to the contradictory demands of investors and speculative traders, it causes inflation or deflation of the coin, and in the end it is crashed down and perished.

2_ Governance receives necessary proposals from holders to solve these problems, discusses them, and controls the future of tokens. However, a lot of gas fee is wasted in this process, which leads to a crash of token.

✅ Solutions

All investors participating in staking can set the required parameters, and the parameters calculated by reflecting their needs are used as the final token parameters. It obtains comprehensive and decentralized parameters for tokens while manipulating the profit balance between opposing forces. The extreme parameters (maximum and minimum values) are ignored (this avoids incorrect inputs, speculative settings).

It requires a lot of gas fee to record many parameters in the block while manipulating the receiving proposals from holders. Therefore, we encode the needs of all holders into a single variable (which can be expanded in the future) that is either qualitative or a small integer, reflecting their needs and manipulating the variables at a low gas fee.

Users discuss and proceed with various settings such as all fees, events (mint, burn, sale, creation and deletion of LP pairs, etc.) and event period.

The initial parameters are the token contract's proposal, and the token contract also participates in this proposal submission as an investor. During the sale, if all tokens of the contract are sold and the contract does not have any, the contract's offer will be ignored. This is the core of the operation and management of the OURCASH token.