DAO + Governance + Reserve + Shorting

[BenGOsborn]

Regarding voting, to only allow stakers of the token to vote, we will only allow one single contract to be able to vote. Voters will have to delegate their votes to this account and only in the event that they have staked for the given amount of time will they be allowed to vote. They will have to lock their tokens in to do so as well.

By locking their tokens in, every time the reserve earns more currency, it will use this currency to back the given tokens with more distributed tokens which each user can receive as it will be distributed.

We will do this to control the rate at which new tokens are minted as well as how previous tokens are backed.

TAU tokens will still be earned by staking LP tokens.

[BenGOsborn]

Use an unbalanced rebasing mechanism - this way less tokens are minted than the currency used to back them, which means that the floor price of the currency is continuously rising.

[BenGOsborn]

Shorting

• The first version of shorting will be isolated from long
• Second version of shorting should be combined with long for hedging

[BenGOsborn]

To come features

• Make it so that the profits from a margin position can be used as collateral without having to repay