BeaverStock
  • 🤗Welcome
  • 🦫Getting Started
    • Overview
      • 🔸Introduction to Beaver Stock
      • Exchange Coin Global
      • 🔸Technical Team
      • Project Values
      • 🔸Support from Crypto Capital
    • BRSK DAO
    • BRSK Governance Model
  • 🪙Basics
    • Tokenomics
      • 🔸TGE
      • Value Attributes
      • 🔸BRSK Governance Model
      • Market Incentives
    • Basis for Value
      • 🔸Role and Utility
      • BRSK Value Mapping
      • 🔸Liquidity Mining
      • BRSK Circulation Examples
      • 🔸Development Plan
  • ⚙️Technical Support
    • Payment System
    • 🔸BRSK WEB3.0 Wallet
    • Supporting Functions
    • 🔸GameFi Ecosystem
  • 🧑‍💻Marketing and Cooperation
    • Public Relations
    • Promotion Strategies
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  1. 🪙Basics
  2. Basis for Value

BRSK Value Mapping

1) Basic Value Mapping

BRSK is designed as a high-utility digital currency that fulfills functions similar to that of traditional currency. These functions typically include:

  • Store of Value: BRSK is considered an asset that can maintain its value and is not significantly devalued over time. Its design allows it to provide price stability and gradual appreciation in a highly volatile market.

  • Medium of Exchange: BRSK can represent a standard of value used to facilitate the sale, purchase, or exchange of goods and services globally, making it a viable currency for various transactions.

  • Unit of Account: Although BRSK has not yet become a standard measure of value outside of blockchain, it will serve as a unit of account within the Exchange Coin Network and certain partner DApps for pricing goods and services.

2) Application Value Mapping

Based on the foundational functions of the Exchange Coin Network, BRSK is expected to play a significant role in various sectors, including trading, payments, and investments:

  • Trading Sector:

    • Users can use BRSK as a substitute for fiat currency in transactions, essentially enabling true P2P cash transfers.

    • BRSK can also facilitate exchanges with other cryptocurrencies, allowing users to avoid risks associated with price declines.

  • Payment Sector:

    • BRSK significantly reduces payment times, particularly in cross-border transactions.

    • Transaction records are stored on the blockchain, enhancing traceability.

    • It effectively lowers payment costs in cryptocurrency transactions.

  • Investment Sector:

    • Users can collateralize other crypto assets to obtain BRSK for investment and wealth management, benefiting from double asset appreciation.

    • Blockchain-stored transaction records are immutable, eliminating accounting disputes.

    • BRSK can be combined with Initial Exchange Offerings (IEOs) to reduce ICO risks.

    • Utilizing BRSK features, opportunities for DeFi-based lending, staking, liquidity mining, trading, derivatives, and multi-market ecosystem incentives and DAO governance can be developed, fostering long-term smart contracts that require price stability.

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Last updated 3 months ago

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