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Summary and Benefits
Preamble:
Each coin has only 2 decimal places.
The lower boundary of the cryptocurrency price is determined by the electricity costs for its mining, reflecting the labor theory of value. The upper boundary is governed by the subjective theory of value, representing the value users attribute to the cryptocurrency. The average price will grow in accordance with the marginal utility theory since mining is inelastic, gradually decreasing, but never reaching zero. The annual coin supply increase is significantly less than 0.005% relative to the total issuance, offsetting lost coins and supporting miner expenses.
The system dynamically adapts: when demand decreases, mining complexity decreases, reducing emissions, and during a sharp price increase, complexity grows, stimulating coin issuance. This allows the system to regulate the exchange rate using market tools. Excess emissions are directed to staking, promoting long-term stability.
This cryptocurrency is especially suitable as a reserve currency. Its limited supply makes it attractive due to its scarcity, enhancing its market value.