Price stability through decentralization
Welcome to the future of usable cryptocurrency.
With a never-before-seen system of adaptive price control,
we are creating a stable and reliable value for $BAY.
Our revolutionary dynamic peg transforms $BAY
into both a store of value, and a medium of exchange.
This creates a thriving environment for both investors and users alike.
A brand new method of
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.
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.
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.
Out with the old,
in with the new
Historically, centralized 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. In addition,
$BAY’s liquid supply can also be tied to a basket of separate
currencies, assets, or commodities as necessary.