Fenture Finance
  • 💸Fenture Finance
  • Introduction
  • Mission
    • The Objective of Fenture Finance
    • Artificial Intelligence in Finance
      • Utilisation of AI
    • Fund Structuring
    • Stable Swap (Stage 2)
    • Bridge & Fund utilisation (Stage 3)
  • 💰Functionalities
    • 💴Fenterest (Lending)
    • 💵Fendit (Borrowing)
      • Terminologies
      • Liquidation
      • Interest Rate Curve
    • 💴Staking
    • 💵BONDING
      • What is Bond in?
  • The DID (Digital Infinite Dollar) Token
    • What is DID?
    • Leverage
  • The FFD (Fenture Finance DAO) Token
    • What is FFD?
    • Fully mortgaged
    • Algorithm control
    • Free floating
    • Market Dynamics
  • 🎊Socials & Links
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  1. The FFD (Fenture Finance DAO) Token

Algorithm control

Although Fenture allows the market to largely determine the price of FFD, the protocol keeps the market cap of the token equal to the AUM. When FFD trades at a premium, the agreement will mint FFD and sell it to the open market to increase supply and drive down prices. If FFD trades at a discounted price, DAO will also intervene and will buy back and destroy tokens to reduce supply and increase prices. Anyone can participate in the Fenture DAO economy through activities such as staking or bonding.

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Last updated 2 years ago