Assetrix: How to create Ideal Non-Inflated money?

[MaxReserveum]

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[MaxReserveum]

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[thecodebear]

Let's talk about this thing: How to create Ideal Money?

Why don't we call our hypothetical perfect currency, let's say, RESERVEUM. There is double meaning in this name:

1) an ideal currency of the future that must be totally asset-backed.

2) an ideal currency that is to become the global reserve in the future

Is it even possible to create such ideal currency?

What features should it have?

Please share your thoughts and opinions.

You are just describing Bitcoin. Though Bitcoin isn't backed by another asset because it is itself the non-inflationary backing. Assets that are valuable and useful and have low inflation or non-inflationary in which the inflation can't at all or can't easily be changed are the assets that back weaker currencies and therefore don't need backing themselves, and this is Bitcoin.

Dear follower, thank you for your comment. We appreciate it, and it is really important when people can share their ideas.

Your viewpoint is very interesting, and we consider it to be true, though Bitcoin seems to be a rather speculative asset, contrary to Reserveum MAX coin.

By the way, there is an open call project in our Reserveum MAX group.

You can send your ideas there, as we are looking for smart people and there are prizes for the best ideas. Please, visit Reserveum for more details.

I mean you can describe any financial asset as a speculative asset. Speculation is just buying something in the hope that it's value increases, that's describes every single financial asset. Stocks are speculative assets, gold is a speculative asset, real estate is a speculative asset, USD is a speculative asset for those outside the US or for anyone who trades in the Forex markets. Saying something is a speculative asset is kind of a non-descriptor, it doesn't really tell you anything.

It's more important how you use the asset. Many people don't use Bitcoin as a specular asset because they use it as a long-term store value or savings. This usage will only increase in the future. As will its use as a transactional currency. People will still use Bitcoin as I speculative asset for investment and for trading. But still what you are describing in the thread is just Bitcoin, Except Bitcoin is better than what you're describing because Bitcoin doesn't need to be backed by some other (speculative) asset.

Making an asset that needs to be backed would be a weakness not a strength. So the ideal asset would definitely not need to be backed by something else because then you're just saying the ideal asset is a secondary asset, which would obviously make it not ideal. Bitcoin is a primary asset because it doesn't need to be backed and that is a huge strength.

We already have ideal non-inflated money. It's called Bitcoin. Since Bitcoin came out there have been countless attempts to make something better and no one has ever come close. Just as no one ever found a better hard physical asset to represent money than gold over the thousands of years gold was used, i doubt anyone will ever create a digital asset that could be better than Bitcoin, even in thousands of years in the future. This is of course assuming Bitcoin continues to get upgraded regularly with technological improvements.

I would say the only weakness of Bitcoin is that in order to maintain its perfect strength as money it needs to continue to be immutable and therefore can't have hard forks. So we are stuck with the original design and always keeping it backwards compatible. I'd say this is the only real weakness of Bitcoin but it is required in order to keep some of Bitcoin's key strengths. Like if at some point in the future someone was able to design a decentralized digital monetary system that was far more efficient than Bitcoin/blockchain, Bitcoin wouldn't be able to adapt and upgrade to this new more efficient system because that would require a total protocol change and mean Bitcoin is no longer immutable. Though I suspect even if that were to ever happen by then Bitcoin will be so engrained in society and the normal way people use Bitcoin (2nd layers like LN) will already be so efficient that it won't matter that the Bitcoin base layer is less efficient than whatever this new future tech is.

[MaxReserveum]

In early 2024, the project aimed at creating a non-inflationary collateralized currency, initially developed in 2021 and previously known as Reserveum, was acquired by a group of professional DeFi developers from Assetrix Labs. This acquisition marked a new phase in the project’s evolution, including the rebranding of the Reserveum (RSM) coin to Assetrix Coin (ASX). Currently, the project is in the final testing phase, with a launch scheduled for August 2025.

The project has changed its domain address to ASSETRIX.ORG. The old domain, RESERVEUM.ORG, now redirects to the new URL.

History and Development of the Project

The Reserveum project was developed by the analytical group Reserveum MAX Ltd with the aim of creating a protocol for storing digital values. Since 2021, the group of researchers has been developing a theoretical model that became the foundation for the future Assetrix DAO. The main goal of Reserveum was to create an algorithmic, non-inflationary, and non-custodial currency with a regulated growth rate.

In early 2024, the project was acquired by Assetrix Labs, leading to the rebranding of the currency to Assetrix Coin (ASX). The new phase of the project includes the integration of advanced technologies using artificial intelligence to analyze the mathematical model of the Assetrix DAO ecosystem. One of the major breakthroughs in 2024 was the calculation of the optimal ASX token growth curve during the first epoch (AGE1). This curve is represented as a hyperbolic arctangent, divided into ten intervals with unique weighting coefficients. According to AI predictions, this type of growth curve provides maximum marketing effect for rapid coin dissemination and ensures a balance of interests among coin holders, liquidity providers, and consumers using the coin as a means of payment.

Essence of the Assetrix Project

Assetrix DAO is a DeFi project based on the Ethereum blockchain that utilizes the principles of a decentralized autonomous organization (DAO), meaning that the project is governed by the token holders themselves. The main processes implemented in the Assetrix smart contracts include:

• Creating new ASX tokens in exchange for locking a specific collateral.
• Burning ASX tokens and returning the collateral to the user.
• Transferring ASX tokens from one address to another.
• Setting the amount of collateral required to mint the next ASX token.
• Obtaining current quotes for collateral currencies.
• Considering the voting results of ASX token holders to set various parameters of the Assetrix ecosystem.

Advantages of the Project

The Assetrix project has several key advantages:

• Non-inflationary Nature: ASX tokens are created with collateral, preventing inflation and ensuring stable value growth.
• Regulated Growth Rate: The unique structure of the project includes a hyperbolic (first epoch) and linear (second epoch) model of collateral growth, creating favorable conditions for investors and users.
• Decentralized Governance: Decisions regarding the project’s development are made by the token holders through voting, ensuring transparent and democratic project management.
• Effective Use of Smart Contracts: Smart contracts ensure security, transparency, and automation of all processes within the Assetrix ecosystem.

As of May 2024, the Assetrix DAO project is preparing for the final stage of testing before its launch in August 2025, and its team is confident that the new non-inflationary currency will become a significant step forward in the world of decentralized finance.

Source - official website Assetrix (ex Reserveum)