The popularity of cryptocurrencies has grown significantly in recent years, and they have become an important asset for internet trading. One of the main drawbacks of cryptocurrencies is the high volatility and fluctuation in value. The value of cryptocurrencies can change rapidly and dramatically, making them a risky investment. Cryptocurrencies are largely unregulated, which can exacerbate their volatility. The high volatility of cryptocurrencies has also led to a speculative bubble, with many investors buying and selling cryptocurrencies based on short-term price fluctuations rather than their underlying values. Therefore, how to reduce the fluctuation risk introduced by exchanges, transform uncertain prices to deterministic value, and promote the benefits of decentralized finance are critical for the future development of cryptos and Web 3.0. To address the issues, this paper proposes a novel theory as Automatic Increase Market Systems (AIMS) for cryptos, which could potentially be designed to automatically adjust the value of a cryptocurrency helping to stabilize the price and increase its value over time in a deterministic manner. We build a crypto, WISH (https://wishbank.wtf), based on AIMS in order to demonstrate how the automatic increase market system would work in practice, and how it would influence the supply of the cryptocurrency in response to market demand and finally make itself to be a stable medium of exchange, ensuring that the AIMS is fair and transparent.
翻译:近年来,加密货币的普及程度显著提升,并已成为互联网交易的重要资产。其主要缺陷之一在于价值的剧烈波动与震荡。加密货币价值可能迅速且大幅变化,使其成为高风险投资标的。由于加密货币在很大程度上缺乏监管,这进一步加剧了其波动性。加密货币的高波动性还催生了投机泡沫,许多投资者基于短期价格波动而非内在价值进行买卖操作。因此,如何降低交易所带来的波动风险、将不确定性价格转化为确定性价值,并促进去中心化金融的优势发挥,对于加密货币及Web 3.0的未来发展至关重要。为解决上述问题,本文提出一种名为"自动增长市场系统"(AIMS)的创新理论,该理论可被设计为以确定性方式自动调整加密货币价值,有助于稳定价格并使其随时间推移持续增值。我们基于AIMS构建了加密货币WISH(https://wishbank.wtf),以展示自动增长市场系统在实践中的运作机制,以及它如何响应市场需求影响加密货币供给,最终使其成为稳定的交换媒介,同时确保AIMS的公平性与透明性。