Minting More DirtiCoin Won’t Inflate the Currency
Crypto Management – DirtiCoin
Crypto Management is why DirtiCoinMinting, LLC (the Company, DCM, we) exists. The primary duty of the Company is to actively monitor and manage the Asset Ledger balance. This means, we take all reasonable and legal measures to keep the asset balances in the Asset Ledger (the Ledger) within tolerances. Above all, we take actions that support the value of DirtiCoin.
Asset Ledger and the DirtiCoinDAO Contract
Asset Ledger – As noted, DirtiCoin is a smart contract and smart contracts are computer programs. All computer programs require constants, variables, conditions, and actions. For DirtiCoin the constants (Coin Cap and Circulation) as well as the conditions and actions are in the contract. The values for nearly all the variables come from the Asset Ledger.
Key Ratios – What are they?
When investing DirtiCoin into real estate, DirtiCoinMinting targets certain key asset ratios for the asset mix backing the value of DirtiCoin. Our targets are 65% real estate and 35% cash. We allow a variance of 15% up or down. This means a "balanced" Ledger has real estate and cash ranging from 50/50 to 80/20, respectively.
Liquidity – Why 65/35 and Acceptable Variances
In this segment we discuss liquidity, specifically why 65/35 is important and the acceptable variances. These ratios are the guardrails used in the Asset Ledger (the Ledger) to protect the value of the wealth deposited in DirtiCoin.
Crypto Value – What is the value of DirtiCoin?
Crypto Value – The value of real estate is what backs the value of DirtiCoin. Real estate related instruments (real estate) held by the Company. Although at startup the reserve ratio of DirtiCoin to real estate to DirtiCoin will be low. The Company will move quickly to achieve its target to have a standing ratio of 65%. Meaning that the value of real estate held by the Company will meet or exceed the value of 65% of all issued DirtiCoin…