Post {ess}

{ess} Empty Set Dollar (ESD) | 📈📈📈 📈 What is ESD? Empty Set Dollar (ESD) is a elastic-supply stablecoin which introduces a novel way to keep the price pegged to a dollar. ESD is the stablecoin and also the coin which DAO stakes can be claimed via bonding. Bonded ESD allows users to claim future supply extension rewards, as well as to participate in governance. To expand supply, new ESD tokens are minted and granted to bonded ESD holders or used to pay off protocol debt. When a contraction is necessary, ESD may be burned for a premium quantity of coupons, which can later be redeemed 1:1 for ESD when the supply once again extends. 👀 Read the introduction here ➡️ https://medium.com/@0xans/ess-a-brief-intro-towards-novel-elastic-stablecoin-implementation-607e86654a9f Website: https://emptyset.finance/ Telegram: @emptysetdollar Twitter: https://twitter.com/emptysetsquad Github: https://github.com/emptysetsquad/dollar Discord: https://discord.com/invite/vPws9Vp Uniswap: https://bit.ly/2FEK5pb Launch Post: https://bit.ly/3iI1gEY Bonding Guide: https://bit.ly/2E5LO6Q Current Market Cap: $51M USD We excited about the fairlaunch of this project, and of it's potential to blow up like AMPL or even better with it's novel approach to being an elastic-supply stablecoin. Though we are not invested much at the moment, we are watching out for dips to purchase ESD and bond it. #DYOR Follow us @microcapital for more 🔥🔥🔥