How will Cure protocol look like?
Cure Protocol will let CPC functions as Smart Token™.
In Smart Token, issuers set necessary reserves and freely issue tokens through the Smart Contract. And when you purchase / sell, the token price, the total issued token amount and the necessary reserves are automatically determined by a calculation. It won't stop demand related to the token.
About the algorithm that determines the price of the CPC, we will adopt the Bancor Protocol for the following reasons.
1. Continuous liquidity
It's purchased and sold through the Smart Contract without relying on demand and supply in the market.
2. Predictable price fluctuations
Before a transaction is executed, it is possible to pre-calculate a price fluctuation caused by buying or selling at the current price
3. Low volatility
It can secure the Smart Token, create a large market depth, and control price fluctuations.