TiTi protocol joins Alpha Venture DAO, becoming the first algorithmic stable currency in its ecosystem

This article comes from TiTi Protocol, compiled by Odaily translator Katie Koo.

This article comes from

, compiled by Odaily translator Katie Koo.The TiTi protocol is a fully decentralized, multi-asset reserve-backed, "Use-to-Earn" (Use-to-Earn) algorithmic stablecoin, designed to provide diversification and Decentralized financial services.

On the one hand, Alpha Venture DAO and the entire ecology are the perfect place for TiTi to play a real role. The cooperation will be carried out in many aspects such as community, product, technology, security, and token economy. On the other hand, the "use-and-earn" token economic design of the TiTi protocol will maximize the benefits of DeFi users and simplify interoperability between Alpha ecosystem projects.

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Alpha Venture's DAO reshaped the financing method of Web3 projects and became a decentralized venture capital fund that calculates rewards based on the community. Community members can provide professional knowledge and skills to the incubation project, and lead the industry to become the owner of a high-quality enterprise before the project is launched, thus creating a strong motivation for Web3 users to contribute to the project. Essentially, the Alpha Venture DAO changes the way Web3 projects are funded, making it easier for the community to take ownership of projects.

Alpha Venture DAO can bring more than 50 think tanks and top Web3 talents to TiTi. TiTi will receive personal guidance from Alpha Network, including from AVA Labs, The Spartan Group, Multicoin Capital, SCB10X, AlphaLab Capital, Jason Choi, Darryl Wang, as well as Coinbase, Bitmex, Crypto.com Capital, SIG, 1kx, Band Protocol, Acala Network and other support. TiTi will also receive technical and infrastructure support from Terraform Labs to integrate its network, community, and ecosystem resources.

secondary titleIn addition to the above advantages, Alpha Venture DAO's flagship products, Alpha Homora and AlphaX, fit well with the TiTi protocol. TiTi uses multi-asset reserves to ensure stability and increase the upper limit of issuance scale, but there is a possibility of insufficient collateral of multi-asset reserves. In particular, if the price of TiSUD drops below $1 (for example, if there is a market crash like a black swan event), the leveraged loan mechanism may thus provide another way for TiTi protocol participants to reasonably support the P/E ratio. This further reduces the supply of TiUSD, bringing the TiUSD price back to $1.

Alpha Venture DAO

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Alpha Venture DAO is a builder's DAO, where builders and Web3 users meet to jointly build and incubate cutting-edge Web3 innovative products. Builders will be supported and mentored by Terraform Labs, a partner in Alpha Venture DAO, and Alpha Network, a team of over 50 think tanks, industry leaders, and major investors in Web3. Incubation projects can also use Alpha to harvest a community of 100,000 Web3 users.

secondary titleTiTi protocol

The TiTi protocol has been monitoring changes in total reserves, calculating the average price of TiUSD in circulation, and adjusting the market-making pricing of TiUSD in the primary market through the ReOrders mechanism.telegraph/DiscordWelcome to ourTwitterblogbloganddocumentand