Symbiosis with Atlas USV
RadioShack's partner, Atlas USV, is aiming to become the base layer of DeFi, with a fast-growing treasury that backs its ecosystem.
As shown in the following chart, Atlas USV has a constant inflow of third-party tokens into its treasury using a mechanism called Barter. Once a barter contract is issued for a specified token, USV users can purchase that token in the open market and transfer it to the Atlas USV treasury in return for discounted USV tokens. This transfer is a one-time, irrevocable transaction that essentially allows USV’s treasury to accumulate any crypto asset of its choice.
Once an asset is accumulated inside the USV treasury, it serves as backing for USV (hence the name Universal Store of Value). While there are scenarios where these assets can leave the treasury (as laid out in Atlas USV’s whitepaper), for the most part, one might expect the majority of accumulated assets to remain in the treasury for a long period of time -- maybe even permanently.
So how can this help the RadioShack Swap Protocol? Let's dive into that in the next section.
Last modified 41m ago
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