$Lumin of cryptocurrencies with democratic monetary
Cryptocurrency is a digital currency. It is not available in physical form like coins or cash used in general around the world. It can also be stored in a ‘digital wallet’ available on smartphones or other computer devices. no store has begun to enforce cryptocurrency as its means of payment. there are more than 20,288 types of publicly traded cryptocurrencies. The total market cap of cryptocurrencies has reached US $1,065,522,071,418,095, as listed on the Coin Market Cap website.
In the financial world, it is necessary to have a fair currency for recipients and buyers of money. this is necessary in monetary terms.
Monetary policy is a decision taken by the government in order to support economic activity through various matters related to determining the amount of money circulation in society. The main monetary policy objective is to maintain currency stability. In order to realize this, many aspects have an influence in monetary policy decision making.
NFT is an asset that evolved from crypto assets. However, it has different purposes, forms, and uses of crypto assets such as Bitcoin, for example. Each NFT is only created once and it cannot be exchanged or traded with another NFT as its value is not worth it. NFT’s unique data works like a fingerprint which makes it easy for the system to verify its ownership. The owner or creator can also store certain information in it. For example, the creator can put a signature on their artwork by including it in the NFT metadata.
Problem
Monetary noteworthy: the stability of the availability of money. Because the supply of money affects various economic activities, such as inflation, bank interest rates, and so on. monetary sangan plays an important role in the financial world, especially the mining system. therefore it must use a good and safe breeding system. public trust is also heavily expressed in monetary terms. Democracy is indispensable to get the aspirations of various societies. transparent and also desetralization is also constantly being improved from the old system.
Illumination Solution ($lumin)
By creating a DD DAO (Direct Democracy DAO), Tim created a crypto key design problem beforehand. the first democratic monetary policy was created to maintain the stability of the availability of money. Because the supply of money affects various economic activities, such as inflation, bank interest rates, and so on. voting is also carried out in a transparent and decentralized manner with improvements from the old system. here’s an example of a short infographic process of community banking.
The main goal of $lumin to create a transparent and democratic banking system. The project also created an NFT called (Annuit cœptis) the triangle eye meme. This NFT meme was created to fund related projects and programmes. These triangle NFTs are called evil memes. but there are many benefits to the development of the project.
The system $lumin made more adaptable, with this excellent security making it impossible for ill-intentioned users to log in. This project was created for the community and is also owned by the community.
$Luminomics
- Token Name: Illuminati Coin ($lumin)
- Total Supplay: 420 Billion
- To Liquidity Providiers Over 2 Years, And: 69 Billion
- To Stakers Over 2 Years: 31.415 Billion
- Sans 20%,aiddrops, put To LaunchPad With All Proceeds Locked On Uniswap: The Rest
More details can be seen on the website page https://lumintoken.com/
Conclusion
With the creation of a democratic monetary that was created for the first time. it is expected to make the banking system better, especially on cryptocurrencies. to maintain the stability of the availability of money. Because the supply of money affects various economic activities, such as inflation, bank interest rates, and so on.
Join Lumincoin on social media:
Bitcointalk Username: jaga.lilin999
