DollarBalance.cash: This is a new type of peer-to-peer decentralized algorithmic stablecoin.
It integrates multiple stablecoin models such as ESD, BAC, and USDX, consolidating their best features while eliminating flawed designs. Additionally, it introduces several new token stabilization mechanisms (algorithms), laying the groundwork for the next generation of stablecoin innovation.

The DollarBalance Bond (DBB) has no maximum supply limit. Inspired by BAC’s bond system, DBB is issued when the DBC value falls below $1 and launches within a fixed time window in this epoch. Users can purchase DBB bonds at a discount (price^2, which is the square of the DBC price). The purchased DBC is immediately burned, reducing DBC supply and increasing its price.
Holders of DBB bonds can redeem them for DBC at a 1:1 ratio once the DBC value rises above $1.05, benefiting from both the bond discount and the rise in DBC price. Its important to note that unlike ESDs bond mechanism, DBB bonds do not expire and remain valid at any point in the future.
We also adopted USDX’s limited bond issuance approach. During epochs where the DBC value is below $1, DBB bonds are issued on a limited basis according to demand, until they sell out; if unsold bonds remain but the DBC value continues to be below $1 in the next epoch, no additional bonds are issued.