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Showing posts from April, 2019

AVA: Dynamic hedging improvement on stable coin

Abstract The AVA Hedging Coin is a hybrid ERC-20 protocol that takes advantage of both distributed and centralized features of existing stable coin solutions and explicitly addresses the known drawbacks including scalability, trust and run issues. The AVA has a built in solution to the insidious problem of blockchain scalability. The scalability comes from a transparent choice of either a fully blockchain-based solution, if so desired, or outsourcing some or most of the work off blockchain with an audit trail — a concept similar in spirit to the Lightning network. The AVA protocol is blockchain agnostic, with initial development on Ethereum. At its core, AVA creates a distributed intelligent trading system based on blockchain technology. It implements a novel concept of self-executing market order and auction-based order matching. AVA trading technology adopts and rethinks best ideas in finance in service of hedging your exposure in volatile conditions of crypto-markets. The exis