Federal.money | First Global People Powered Central Bank
Introduction
A programmer purchased pizzas for 10,000 Bitcoin (-$30) in 2010. The exact order cost $82M in early 2018 — because of bitcoin's drastic change in price. Not much has changed between then and now when it comes to consumers ability to spend crypto, if anything, the incentive to spend crypto has gone down leading to a significant increase in BTC price.
The market research indicates that retailers and consumers are demanding the extension of the interest rates available to the crypto community in the real world. On the other hand, the current crypto-economy demand an outlet for the lending infrastructure beyond financial arbitrage for the financial savvy. Our expansion is from the lessons we learnt over a decade and our goal is to increase the purchasing power of cryptocurrency by providing buyers more and safer outlets to spend their acquired crypto holdings, which will further drive the variety of merchant integrations and expand the market adoption.
Price Stable Currency
FZERO will pave the way to global stable coins that are pegged to fiat currencies, arbitrary assets or baskets of goods while remaining completely decentralized. This will perform as our stable bridge between the fiat and the crypto world.
Tangible Incentive
The protocol allows users to leverage from industry best interest rates for lending and borrowing. Users can benefit from lower borrow rates and higher deposit rates in a global consumer lending and borrowing platform.
We give users an opportunity to profit from such a transaction in the real world!
Our Vision
To empower people to build a global decentralized monetary system.
Protocol Architecture
The lack of universal adoption has staggered the growth of cryptocurrencies and decentralization. The Federal Money aims to overcome this through a collective stack of decentralized layer infrastructure and an existing network of channel partners. We have adopted a full-stack comprehensive infrastructure approach instead of the modular approach. One example from the past is that, in the early stages of the personal computers industry, IBM modularized two parts of the value chain — Operating system and Chip manufacturing, which led to two companies called Microsoft and Intel. Early modularization of value stack, when the industry is in its nascent stage, can chip value that cannot be estimated unless a certain stage of scale is achieved in the market. Also, the current crypto lending market and companies are not large enough in market size it makes them less reliable and low on support resources needed to create customer requirements, which has affected the speed of execution in the past. This full-stack will give us full control of our solution, value capture and pace with which we can expand our solution and traction.
Fusion Layer - Checkout Integration Interface
Our comprehensive yet flexible transaction settlement mechanism will enable merchants globally to accept a wide range of payment methods from fiat, crypto to crypto loans.
Fission Layer - Crypto Lending Layer
The Federal Money offers a decentralized lending and borrowing platform that supports crypto-collateralized loans in Phase I. Users can lend or borrow on the platform based at attractive interest rates and make the purchase in variable check sizes. The limits of lending will be extended over multiple phases.
FZERO- Algorithmic Stable Coin Interface
We will provide a robust price stable coin that will protect users and merchants from market olatlity and risk, thereby increasing crypto adoption through fiat.
Relativity Blockchain - Base Blockchain
In phase 1, The Federal Money will be launched on a partner proof of stake base chain that authorizes transactions in real-time, incentivizes users without the need of intermediaries.
Economics (The Federal Protocol envisions to solve both volatility & the incentive problem in adoption)
We introduce Federal Protocol - an Open Finance Lending Platform for point of sale for real world merchants, backed by a stable coin with a Decentralized Algorithmic Global Central Bank.
➤ Crypto Lending & Borrowing Made Easy
The Federal Protocol will allow users to circumvent traditional credit lines by using the point of sale lending system to borrow and spend, just like using a credit card in fiat world, making crypto lending and borrowing faster, easier, and cheaper to access, earn and use for day to day transactions.
➤ Multi – Lever Stability Mechanism
This end use case will be supported by acceptable stable regional currencies created by this Federal bank. The Federal Protocol accomplishes this by algorithmically controlled Multi - Lever Stability (MLS) mechanism, adjusting the supply of FZERO (F°) Stable Currencies to disallow mighty fluctuations in price. This stable currency will lend as a bridge from the crypto to fiat world that will enable an open lending use case at point of sale with better tangible incentive for adoption.
Elastic Finance Stack
➤ Liquidity
Special propose decentralized liquidity pools proposes a lending model which evolves from a pool-based approach.
➤ Lending
Offering attractive interest rates through decentralized lending and borrowing platform that supports crypto-collateralized loans.
➤ Transaction
A purchase-to-pay layer with eclectic payment methods varying from fiat, crypto to crypto loans for better transaction settlement.
➤ Interoperability
A purchase-to-pay layer with eclectic payment methods varying from fiat, crypto to crypto loans for better transaction settlement.
Future Opportunity
Traditionally, retailers and their bank partners have been the primary sources of credit for their customers. The payment experience — albeit central to the journey — has long been neglected, with retailers choosing to outsource the responsibility to banks, due to its complexity. In the past few years, we have witnessed consumers moving from a cash economy to a cashless one, more so in retail. While there has been a growing appetite for crypto payments, it till lacks the much-needed momentum and awareness.
Retailers are beginning to develop strategies around integrating payments into their value proposition. With Federal Money, retailers will offer a diverse payment solution where the consumer can choose crypto as a payment mode.
We intend to tap into a massive growth opportunity through several partnerships, including channel partners and renowned brands. All said and done, our vision is to create a decentralized federal bank that makes regional fiat-erypto lending and payment convenient through the concept of tokenization.
Privacy and Anonymity
We know that you are a crypto enthusiast, but the concern for Privacy and Anonymity makes you take a step back. Well, don’t worry. We at Federal believes that the control of your data should be in your hand. We seek to establish user-controlled privacy and anonymity with a layer II Federal Anonymity and Privacy protocol (FAP) that can ride on any layer I to protect end-user from an expected intrusion of privacy and anonymity. This system will allow users to choose whether they want to make this transaction log identities public or not without compromising the integrity of the decentralization movement towards new financial order.
Roadmap
➤ Jan 2020, Product Vision
➤ March 2020, Research Team
➤ November 2020, Federal.Money Whitepaper
➤ Jan 2021, ERC20 Smart Contract Development
➤ March 2021, Federal Decentralised Governance Protocol
➤ April 2021, Launch of website Version V0
➤ Onboard Main Chain Partner
➤ Token Generation Event (TGE)
➤ Liquidity Event (UniSwap & Balancer)
For more information, please follow link at below.
♦ WEBSITE
♦ TELEGRAM
Btt username: Tarakann
Btt url: https://bitcointalk.org/index.php?action=profile;u=3198766
ERC20 address: 0xfAE0B2B1AaF6d8543a8aff95c9138dca8E351b01
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