Gridcoin Market Pegged Asset!
Gridcoin (not the MPA) securely rewards BOINC computation (distributed computing projects attempting to solve cancer/aids/ebola/malaria/zika, mapping the milkyway, searching for extraterrestrial life, folding protiens, searching for prime numbers, etc) on top of proof of stake.
Anyone can create a BOINC project and apply for whitelist status; successful whitelist application will result in the Gridcoin network rewarding your BOINC volunteers.
Have an idea for a distributed computing project that could utilise tens of thousands of CPU cores and several thousand GPUs? Tell us about it: https://steemit.com/gridcoin/@cm-steem/brainstorming-new-boinc-projects-anyone-can-create-a-project-and-reward-their-users-with-gridcoin
First MPA to remove/surrender the following permissions:
Require holders to be white-listed
Issuer may transfer asset back to himself
Issuer must approve all transfers
Disable confidential transactions
|Feed Price||0.289 BTS/GRIDCOIN|
|Decimal points||5 (0.00001)|
|Max market fee||0 GRIDCOIN|
|Max supply||375,000,000 GRIDCOIN|
|Charge market fee Disable force settle Global settle Witness fed asset Committee fed asset|
|Witness fed asset|
|Pool Balance||3,669 BTS|
|Exchange Rate||0.231 BTS/GRIDCOIN|
|Maintenance collateral ratio||1750|
|Maximum short squeeze ratio||1100|
|Force settlement delay||7d|
|Force settlement offset||0.1%|
|Max force settle vol||0.1%|
|Short backing asset||BTS|
Amounts rounded to nearest 0.1%. Disable rounding?
|#||Account||Balance||Orders||Collateral / Debt|