Protocol Owned Liquidity
Initially, Station Zero X will try to aggregate its owned liquidity over time through in-game stable coin purchases based on the pre-determined monetary policy set by the DAO. Original founders tend to neglect in-game tokens' liquidity boosts as it's highly volatile and can badly contribute to the sustainability of those tokens and rather prefer to provide liquidity for the governance token instead.
- Create a speculative value. Deviate the speculative value from the underlying real utility value of in-game tokens.
- Increase token volatility. Affect in-game economies and subsequently game accessibility.
- Affect player meritocracy. Capital aggregation, bump & dumps .. etc.
In return, creating a difference between the in-game tokens' real value reflected from the game state and its competency can incentivize traders to speculate the in-game tokens which will harm daily active players as discussed in the game domestic economy section.
Last modified 8mo ago