2a:null 2b:["$","title",null,{"children":"Conclusion / Float Protocol | Float Protocol | Observable"}] 30:[] 2e:{"id":"054f480c45206e4d","slug":"conclusion","title":"Conclusion / Float Protocol ","thumbnail":"582dfcd8c9d36a82bde5aeb2f252a2b0695f5e212c9e2939c83e8f1381055993","access_level":"public","create_time":"$D2021-02-25T18:55:15.330Z","update_time":"$D2021-05-05T18:02:55.218Z","view_time":null,"first_public_time":"$D2021-05-05T18:22:19.155Z","has_unpublished_edits":null,"fork":false,"stars":1,"starred":false,"owner":{"type":"team","id":"3249d0e0c095a668","login":"floatcoder","name":"Float Protocol","avatar_url":"https://avatars-next.observableusercontent.com/fe8a2cf0029ea6d2ec04454a5f32d7f2a6ed40f8c941e9127d4601abbaa0d217","tier":"starter_2024"},"version":31,"publish_version":31,"role":null,"authored":false,"authors":[{"type":"individual","id":"b9314dd78f5f4a23","login":"floatcoder","name":"Float Protocol","avatar_url":"https://avatars-next.observableusercontent.com/fe8a2cf0029ea6d2ec04454a5f32d7f2a6ed40f8c941e9127d4601abbaa0d217","tier":null}],"members":[{"type":"individual","id":"b9314dd78f5f4a23","login":"floatcoder","name":"Float Protocol","avatar_url":"https://avatars-next.observableusercontent.com/fe8a2cf0029ea6d2ec04454a5f32d7f2a6ed40f8c941e9127d4601abbaa0d217","tier":null,"role":"editor"}],"comments":[],"custom_thumbnail":true,"trashed":false,"lapsed":null,"subscribed":null,"forks":0,"collection":{"id":"3c801894e42e7b36","slug":"float-protocol-litepaper","title":"Float Protocol Litepaper","owner":{"id":"3249d0e0c095a668","login":"floatcoder","name":"Float Protocol"}},"type":"notebook","body":{"titling":"auto","title":"Conclusion / Float Protocol ","cells":[{"id":0,"value":"md`\n

Conclusion / Float Protocol

Float Protocol › Conclusion

\n\n# Conclusion`","pinned":false,"hidden":false,"mode":"ojs","author":"$undefined","summary":"$undefined","providerMetadata":"$undefined","attachments":"$undefined","output":"$undefined","database":"$undefined"},{"id":4,"value":"md`\nWe have demonstrated through our interactive litepaper how Float Protocol can maintain short-term stability of FLOAT token through holding Dutch Auctions every 24 hours in various market conditions over extended periods. We have also explored the efficiency of the Dutch auction in adverse conditions including major price changes during the auction time window. The Float Protocol mechanism provides a robust floating currency, FLOAT, a true crypto-native unit of account. \n`","pinned":false,"hidden":false,"mode":"ojs","author":"$undefined","summary":"$undefined","providerMetadata":"$undefined","attachments":"$undefined","output":"$undefined","database":"$undefined"},{"id":8,"value":"md`## Future\n\nThe primary goal of FLOAT v2 will be to continue to strip as many fiat references as possible out of our balancing mechanism. In order to have our starting price of FLOAT be a useful value we use USD to set the starting price. We can do better.\n\nInstead, we can build out the basket of goods further to develop the *hamburger index* for crypto. We may evaluate goods and services that have a low speculative price, for example, the gas price of an ERC20 transfer, or the LINK token. Appropriate asset allocation for the basket will require further mathematical modelling such that we can optimise capital efficiency while still maintaining a purchasing power index. This quality may also change how the Protocol is viewed by its participants and further the services it can provide. Float Protocol may no longer be limited to just providing a single floating, low-volatility currency for web3 but also much more within the barrel of the decentralised finance wave. \n`","pinned":false,"hidden":false,"mode":"ojs","author":"$undefined","summary":"$undefined","providerMetadata":"$undefined","attachments":"$undefined","output":"$undefined","database":"$undefined"},{"id":29,"value":"md`Appendix\n\nNext`","pinned":false,"hidden":false,"mode":"ojs","author":"$undefined","summary":"$undefined","providerMetadata":"$undefined","attachments":"$undefined","output":"$undefined","database":"$undefined"}],"files":"$W30","stdlib":"1"}} 2f:"$2e:body"