BitBay's Dynamic Peg

Dynamic Peg

The forefront of decentralized and non-collateralized stablecoin technology

With a truly unique system of adaptive price control, BitBay is creating a stable and reliable value for BAY. The revolutionary dynamic peg transforms $BAY into both a store of value, and a medium of exchange.

This creates a thriving environment of profitability for investors, and reliability for users.

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The Democratic Control of supply

Every price is determined where supply meets demand. As demand constantly changes, we must control the supply to counteract that movement. BitBay’s Dynamic Peg is purely decentralized, allowing every participant to vote on which direction the price may go. When the users collectively decide upon a price, the currency can then be trusted for use within BitBay’s double deposit escrow contracts.

This is the definition of a truly stable currency.

BitBay supply demand

A brand new method of
decentralized currency

Every user has two balances of $BAY, liquid and reserve. During a price crash, stakers can collectively vote to “freeze” a portion of the entire liquid supply. This decreases the supply and increases the price of everyone’s remaining liquid coins. The frozen coins can also be moved with a time delay. This opens the door to a plethora of investment vehicles such as futures, bonds, and peer-2-peer loans.

During a price pump, stakers can vote to “unfreeze” a portion of the entire frozen supply. This increases the supply, and decreases the price of everyone’s remaining liquid coins. The end result is a coin supply that elegantly adapts to current demand, no matter how much that demand changes.

BitBay decentralized currency management

Don’t want to vote?
We have you covered.

Using our tried and tested algorithm, each vote can also be algorithmically automated depending on user preference.

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BitBay dynamic peg voting choices

Out with the old,
in with the new

Historically, centralized and fixed fiat pegs tend to crumble under the pressure of volatility. By design, our dynamic peg requires no single entity to manage the supply of $BAY. BitBay’s democratic voting system allows for maximum resilience and elasticity during extreme volatility.

BitBay democratic dynamic peg

Paving the way for organic growth.

BitBay’s ecosystem requires a decentralized and stable cryptocurrency in order to thrive. This is now possible, as the dynamic peg eliminates manipulation from Bitcoin volatility, whales, governments, and even trigger bots. It makes room for adoption, and creates long-term, steady growth. When compared to an ever-growing list of stablecoins, BitBay’s Dynamic Peg is unlike any other.

BitBay organic growth