Sharing slow inventory sustains the life of your supply and your cash on hand.
eBítome.com is a unique non-profit upgrade, that converts slow inventory into overhead expenses.
400,000 Goods & Gigs pay 15% cash fees, per transaction, to barter brokers.
We displace these brokers with Decentralized Finance (DeFi) so business can book direct on one map.
As transactions are mined on digital ledger, native coin is deposited into Liquidity Pools on Decentralized Exchange to cover the expense of benefits that all providers vote on building.
How it works:
In a first layer of transactions, providers receive eBitom as a charitable receipt, in the market value of Goods & Gigs shared, or donated. Transactions in eBitom mine a second layer of native and stable, eBitocoin.
eBitocoin is parsed at creation between, 'Soul-Bound' coin for Donors and the balance for Liquidity Pools, where it is farmed to yield funds for benefits that members openly create.
eBitocoin is stabilized by a flux in the percentage of coin parsed between Donors and DEX.
If it rises above its peg (to be determined as the USD or Spot price of Gold), less new coin becomes soul-bound to dilute the price on DEX...and vice versa.
Here's how...
Providers declare an amount they are willing to allocate to eBitome each month and their listing is goes live on the map in Bold font. They may adjust upward, mid-month, but not down (Adding inventory mid-month, which gets consumed, is beneficial to Reputation (Rep); yet, running out is not a demerit.
As the dedicated supply from a provider diminishes, their listing on the map does too. Going from bold to normal then, fading in color until gone, when they are not obligated to Share until the following month.
When providers request of another, they receive eBitom which may be used on requests from the pool of Goods & Gigs. Review of transactions and interactions reflect on donor Rep.
Higher Rep garners higher percentage of eBitocoin from mining.
