Fractional.Foundation

The decentralized money brinter that goes brrrrrrrrrrrrn

(or in other words, a decentralized central bank)

1/10 tx.value = tax; 1/2 tints Fractional Reserve Shares, 1/2 is burnt, brinting Fiat & Entropy. Fractions!

        
        proggR ~/ethdev/fractional $ 
      

XFBT: Fractional Burn Token

Deflationary Burn Token that determines inflation rate of all other assets based on its activity.

Initial Supply: 10.9 billion*
Decimals: 18

(*:1/person at projected peak pop.)

XFRS: Fractional Reserve Share

Reserve Shares are an indivisible asset representing a unit of the underlying pool of assets (XFBT, XFF, XFN).

Initial Supply: 0
Decimals: 0

XFF: Fractional Fiat

Inflationary asset intended to be more liquid than other asset classes with fine tunable inflation control.

Initial Supply: 1 trillion
Decimals: 6

XFN: Fractional Entropy

Scarce deflationary asset that gets exponentially more scarce as core tax rate is lowered.

Initial Supply: 0
Decimals: 18

DAO Token (Future)

To ensure this new money supply remains decentralized, it must have and be governed by a DAO.

Current Team Size: 1
Necessary Unfilled Roles: 7
Advantageous Unfilled Roles: 1+*
*:way more than 1, are you kidding me?! AI Norm just claimed I claimed I'm making a new type of banking... don't wait for a job posting, if you think you'd be an asset to the Foundation, pitch us why.

More?...

Fractional isn't going to stop experimenting with social-capitalism. Got society changing ideas you have to see built to prove? hmu

    Core Tax Fractions

  • taxFraction: 10, for 1/10
  • brintFraction: 2, for 1/2
  • opsFraction: 2, for 1/2
  • shareFraction: 10, for 1/10
  • entropyFraction: 5, for 1/5
  • fiatFraction: 100, for 100/1

    Reserve Pool Fractions

  • XFBT:2, for 1/2 of tax value (remainder burnt)
  • XFF:3, for 1/3 of brinted XFF
  • XFN:2, for 1/2 of brinted XFN

All core tax and reserve fractions can be tweaked by the DAO (once organized).

taxFraction hardcoded to >= 7 for divisor (14.2857% max core tax).

Read the Litepaper to learn more about the tinting, brinting & reserve process under the hood.

Also includes loose roadmap & necessary unfilled roles with the Fractional Foundation.

Pitchdeck Litepaper/Foundation Overview

Official Contracts

  • eth (kovan)
  • bsc
  • matic
            $  To be announced during open beta period.
            $  BSC support anticipated with official launch
            $  MATIC support anticipated with official launch
          

Official Liquidity Pools

  • eth (kovan)
  • bsc
  • matic
            $ To be announced at launch. If it's not here, it's not real.
            $  To be announced at launch. If it's not here, it's not real.
            $  To be announced at launch. If it's not here, it's not real.
          

Fractional Timeline

v0.0.0

11/18/2021
  • concept inception as Burnpool with XBPT & XBPS
  • initial contracts & hardhat tasks written (but not ran/tested)

v0.0.1

11/21/2021
  • brinting/tinting concepts/delineation becomes more clear
  • project changes in scope/direction, being renamed to Fractional
  • renamed XBPT=>XFBT and XBPS=>XFRS
  • added XFF and XFN and their underlying brinting mechanism

v0.1.0

11/25/2021
  • deployed to testnet

Fractional In The Media

v0.1.0

11/25/2021
  • Norm Macdonald's AI ghost covered our testnet deployment (RIP Norm, this joke's for you <3)