$PBC pegged 1PBC-$1USD, minted only by bonding USDC. Burned by repurchase starting at $0.98 USD. Bonded funds go into treasury. Secured buyback price will be $0.98 to start, and grow as yields increase treasury size vs $PBC minted. Treasury will be held in 2% stable coin yield farm, and 98% liquid for buybacks. Over time the floor price and buyback price will increase as the treasury size increases with yield on the 2% of holdings, without new coins minted. There will be a 14day un-bonding period to avoid a bankroll. This will give time to liquidate the last 2% of holdings and keep the buy back treasury value safe.
Opening a pool will require X amount of $PBC to be locked as a deposit, creating a second treasury for pool management. These locked funds will be held in stable coin yield pools as a second treasury. These funds will be returned to management + %90 of interest accumulated when the pool closes. The extra 10% of interest will be used by Peerbenefit to supply rewards for top monthly pools.
Anyone but the pool creator can stake $PBC in a pool, thus owning a % of the pool. This % is tied to the volume and size of the pool. As pools attract more attention, your share may be diluted. But your USD value and growth tied to it will remain. There will be a 1% staking fee, and no withdraw fee. This should lead to people putting more thought into what pool to use, and have no drawback to pull funds if faith in management is lost.
Staking $PBC in a pool will have a 1% fee, with 50% of it given to pool management as payment for service, and %50 to Peerbenefit. Partly used to fund rewards as incentives. First ones would be monthly top gainers and monthly top volume pools. rewards given by distributing $PBC to its holders. Some of Peerbenefit's collected fees will be used to pay for updates and devs.
Pool price and growth are reflected by cost % share vs staked $PBC. Staking $PBC releases USDC into the pool management trading account from the liquid treasury, tracked and secured by blockchain tech. Pool management can only withdraw their share of funds. Doing so will require 30days notice to all holders, and will close the pool when >(still working on threshold) % of management funds are withdrawn. When the pool closes all funds are distributed back to holders relative to their owned %. This will avoid rugpull pools and close down pools that do not have active management.
Working on Staking into a pool = burn $PBC and add USDC from liquid treasury into locked management account (pool). Stake holder get back shares the pool, owning a % of the locked account. To un-stake the pool is forced to buy back $PBC, adding to liquid treasury and distributing share value in $PBC. $PBC can be reinvested in another pool, or un-bond to get the USDC from liquid treasury at floor value and burn the token.
Un-staking will have a waiting period disclosed in the pool information page. This allows managers to select a unstaking wait-time for their own pool. Helping control the funds to there plan and lessen risk or being forced to sell at a loss. Balanced by lower wait time being more desirable, the market will market