Tracercoins
AI-driven stable assets pegged to non-financial indices
Cogito Protocol offers a "stablecoin-as-a-service" framework to create digital assets with low volatility called “tracercoins”.
The tracercoins maintain their stability not by seeking explicit correlation to one or more specific fiat currencies or commodities, but instead via soft-pegging to non-financial indices that represent progress along various developmental fronts, e.g. environmental progress, technological progress etc.
Data layer
Data sources:
World Bank, United Nations, institutes etc
Data coverage:
multiple indicators measuring the environmental progress
Integrates data and aggregate to a weighted average to quantify the progress on improving the environment
AI tool layer
Green Index
Tracks positive progress towards net-zero economy, ~1-2% volatility p.a.
GCOIN
Cryptocurrency token to trace Green Index on 1:1 basis, 1st tracercoin serving as an alternative stablecoin
How Does Cogito Work?
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INDEX CREATION
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Constructed using a large third-party data set
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Use SingularityNet AI for smooth and stable output
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Incentivized community governance for index adjustment
PEG MECHANISM
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Dynamic incentives, to adjust circulating supply
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Open market operations using AI techniques for price prediction and market arbitrage
ACTIVE TREASURY MANAGEMENT
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Reserves management to generate yield that matches the movement of the indexes
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Ensure the protocol to be fully redeemable
Stabilization
In order to maintain the peg, we are introducing a novel approach to the stabilization mechanisms.
With the Capital Adequacy Ratio controlling the ratio of liquid and illiquid reserves, the Cogito project consists of three pillars of operation:
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Algorithmic Deposit Protocol (ADP),
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Algorithmic Stability Protocol (ASP), and
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Autonomous Stabilization Functions (ASF)
and all is secured by decentralized governance in the form of DAO (AGP - Algorithmic Governance Protocol).
GOVERNANCE
AGP - allows CGV token holders to be decision makers
ALGORITHMIC
POLICY
ADP - stabilizes the protocol by adjusting supply and demand with a floating yield
PRICE
GUARDIAN
ASP - maintaining the market price within specific trading boundaries, by tracking respective indices
SMART
MINT
ASF - programmed rules that handle the minting and burning rules and adjust the reserve dynamically
COLLATERALIZATION
CAPITAL ADEQUACY RATIO
Properly simulated
Using scientific assumptions we have ran financial simulation of Cogito Protocol to test how well our model performs in challenging situations. This extensive financial modeling shows that Cogito can offer users stable deposit rewards, in addition to the annual appreciation of the tracercoins, and that the protocol is financially stable over the long term. The academic paper with these simulations is available through a link below.
Supported by decentralized AI.
Digital money reinvented.
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AI provided by the best
Founded within SingularityNET ecosystem, with Ben Goertzel as Chief Science Officer, and with access to many advanced AI tools developed by SNET specialists over years of working, Cogito Protocol is well equipped with AI expertise.
This allows us to use advanced reinforced learning and other AI techniques to optimize real-time stabilization mechanisms and capital deployment.
That, in turn, makes Cogito a project like no other in the cryptocurrency space.
Risk management framework
Cogito applies the highest standards of risk management schedules to ensure compliance with all applicable regulatory requirements, to safeguard users' assets properly and adequately, and to promote the best interest of users and the integrity of the market
Roadmap
1
ECOSYSTEM INTEGRATION
Trading, lending, borrowing, staking, perpetuals and the Hypercycle integration.
2
EXTENDED
PORTFOLIO
Adding more tracercoins to the ecosystem.
3
RISK-WEIGHTED RESERVE
Robust capital deployment based on capital adequacy ratio and risk profile.
4
MULTI-CHAIN PRESENCE
After starting with Cardano we will soon launch on the other chains, according to DAO.
5
USE CASES
OUTSIDE CRYPTO
The ultimate goal is to offer alternative instruments also outside of the crypto world
Meet the Team
Founded by experts in AI and finance
Partners
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