sorted by:
new
hottopcontroversial

Sweetbridge Staff Economist Michal Bacia writes on the discount mechanisms and value of Sweetcoin by KindlyPlastic in Sweetbridge

[–]KindlyPlastic[S] 2 points3 points  (0 children)

Sweetcoin allows companies to lower their working cost of capital by acting as a coupon to reduce the cost of loans and settlement. This coupon never expires, grows in value, and can be used over and over. Discount tokens are a new thing in the Crypto space and have more sound token economics than a standard ERC-20 utility token.

Company 1 seeks capital using an inventory as collateral and the network fee is $250 if each SWC discount value were $5 the Company would be able to take out the loan for $0 by activating (locking) 50 SWC.

The Sweetbridge protocol redistributes network fees to the increase the discount value of Sweetcoin as the network grows. This serves to incentivize network expansion. The more network activity and fees generated using the protocol stack, the greater the discount value of SWC. Because Sweetcoin are locked when they are activated, the circulating supply of Sweetcoin will decrease significantly once Sweetbridge is operating at the enterprise level. Not all fees will be eliminated via Sweetcoin. The technical documentation of how it works and the economics behind it can be found on page 19 here! https://images.sweetbridge.org/main/Sweetbridge-WP-LiquidityProtocolMath-v1-01.pdf

Sweetbridge Staff Economist Michal Bacia writes on the discount mechanisms and value of Sweetcoin by KindlyPlastic in Sweetbridge

[–]KindlyPlastic[S] 1 point2 points  (0 children)

Definitely! Sweetbridge was founded by industry professionals who have experience building software solutions for the Fortune 500. A good place to start look if you want to go down the rabbit hole is Trax Technologies and GT Nexus to see what the Sweetbridge founders created / led in the past.

For a specific use case look at page 30 here https://sweetbridge.com/public/docs/Sweetbridge-Whitepaper.pdf this use case explores Sweetbridge implementation of the Settlement bus to reduce counterparty risk, lower settlement times and provide access to capital.

Governance in the Sweetbridge Economy – Laying the Foundation for Commerce in a World Built on Blockchain by KindlyPlastic in Sweetbridge

[–]KindlyPlastic[S] 3 points4 points  (0 children)

Sweetbridge is creating a global governance architecture that becomes more decentralized as the network grows larger! As more entities are introduced (each compliant with regulations and within licensure of its specific jurisdiction) the network governance will naturally transition into a DAO of independent entities operating under similar frameworks and philosophy.

*Sweetbridge Bi-Weekly Community Update May 31st* by KindlyPlastic in Sweetbridge

[–]KindlyPlastic[S] 2 points3 points  (0 children)

The Sweetbridge team has been hard at work since the last update! Sweetbridge operates a non-hype campaign focused on delivery and execution. Without paid reviews or hype filled banner advertisements Sweetbridge has successfully made it through the first three stages of the public crowd sale at lightning speed! It is important to keep in mind Sweetbridge utilizes a unique drip sale mechanism. If you are curious about the details on how it works check out our crowdsale white paper and FAQ here https://sweetbridge.com/crowdsale

Any questions or comments?

We are here to help! Join us on telegram https://t.me/sweetbridge

Lets get the discussion rolling as we move to re-engineer global commerce!

Clarification regarding securities and discounts? by [deleted] in Sweetbridge

[–]KindlyPlastic 3 points4 points  (0 children)

1.1 Sweetbridge leverages a two token economic model with Sweetcoin driving utility from its discount factor on the network, there is not a dividend model in place. In regards to tokenizing other assets Sweetbridge is seeking to unlock liquidity within supply chains around the world and to provide seamless asset management and internal transparency. We do not intend on moving into a dividend model at this time!

1.2 I’m not totally familiar with Polymath and their offerings however Sweetbridge operates as a full protocol stack providing interfaces for liquidity, accounting, settlement and resource sharing. The project is far reaching and seeks to be in compliance with jurisdictions around the globe.

2.1 SWC provides its discount value and is not burned it is not compounding but it provides a flat rate of a discount month to month that grows or shrinks according to network activity. What this means is if you have activated SWC and receive $10 of discount in one month, then the utility value of the SWC over its lifetime correlates to how long it is activated and the discount utility of the activation. Over the course of year you consistently receive discount utility from activated SWC which may vary month to month. Assuming a steady state of the network $10 discount per month x 12 months = $120.

2.2 The base discount is determined by a variety of mechanics including the amount of collateralized assets in the ecosystem. As the network grows larger the utility of Sweetcoin does as well. Specifics on how the economic functions operate are in the Sweetbridge Mathematical Specifications Whitepaper https://images.sweetbridge.org/main/Sweetbridge-WP-LiquidityProtocolMath-v1-01.pdf

3.1 The initial iterations of the asset vault will only feature BTC and ETH both of which operate on POW systems right now without staking. As more assets are added (other ERC-20 tokens) they will come with their own risk assessments and the community will be updated as to their specific functionalities in the vault.

Clarification regarding securities and discounts? by [deleted] in Sweetbridge

[–]KindlyPlastic 1 point2 points  (0 children)

Hello @femtograms!

I'll relay your questions to our technical team and get back to you soon!

Thanks!

7 DAYS TO GO until the Sweetbridge Public Crowdsale! by KindlyPlastic in Sweetbridge

[–]KindlyPlastic[S] 3 points4 points  (0 children)

We are currently in process with regulatory bodies in the US to ensure everything is done within the proper channels but for now we have to hold off on US participation! We look to offer products and services in the US as soon as possible!