TiTi announced another solid step towards building the future of web3, joining Alpha Venture DAO and becoming the first algorithmic stablecoin project in Alpha DAO ecosystem. TiTi Protocol aims to take over the torch of algorithmic stablecoins and bring a brand new solution to DeFi and Web3 ecology. By establishing a strategic relationship with Alpha Venture DAO and Alpha Ecosystem partners, TiTi can better contribute to the development and improvement of DeFi and Web3.
TiTi gains momentum toward a new era of Algorithmic Stablecoin
TiTi Protocol is a fully decentralized, multi-asset reserve-backed, use-to-earn algorithmic stablecoin that aims to provide diversified and decentralized financial services based on the crypto-native stablecoin system and autonomous monetary policy. On the one hand, Alpha Venture DAO as well as the whole universe be a perfect pitch for TiTi to make a real difference. The cooperation will be carried out in various aspects such as community, products, technology, security and tokenomics. On the other hand, TiTi Protocol’s use-to-earn token economic design will maximize the benefits of DeFi users and streamline the interoperability among Alpha ecosystem projects.
How will Alpha Venture DAO power TiTi Protocol?
Alpha Venture DAO disrupts the way Web3 projects are being funded. It is a decentralized venture capital fund with its community as its paycheck. Community members can offer expertise and skills to incubated projects and become owners of high-quality ventures before the project launch and ahead of anyone else, creating a strong incentive for Web3 users to contribute to projects. In essence, Alpha Venture DAO changes the way Web3 projects are funded, making ownership of projects more accessible for the community.
Alpha Venture DAO can bring TiTi with more than 50 thought leaders and top minds in Web3. TiTi will get a unique access to hands-on mentorship from Alpha Network, including AVA Labs, The Spartan Group, Multicoin Capital, SCB10X, AlphaLab Capital, Jason Choi, Darryl Wang, and individuals from Coinbase, Bitmex, Crypto.com Capital, SIG, 1kx, Band Protocol, Acala Network and many more. TiTi will also receive technical and infrastructure support from Terraform Labs. With all the network, community, and ecosystem integrations, Alpha Venture DAO can create infinite opportunities for TiTi Protocol to build the future of Web3 ecology.
Complementary stability with Alpha Venture DAO
Except for the advantages mentioned above, Alpha Homora, AlphaX, and the Flagship Product of Alpha Venture DAO are perfect pitches with TiTi Protocol. TiTi utilizes Multi-asset Reserve to ensure stability and raises the upper limit for the issuance size. There is the possibility that Multi-asset Reserve becomes under-collateralized. In particular, if the TiSUD price ever falls below $1 (e.g., if there is a market crash like BlackSwan), The leveraged loan mechanism may thus provide another way in which TiTi Protocol participants can rationally support the peg. This has the further effect of reducing the TiUSD supply and returning the TiUSD price toward $1.The integration with Alpha Venture DAO’s products will incorporate several complementary stability mechanisms, which work together with the core TiTi Protocol mechanisms to strengthen stability.
About Alpha Venture DAO？
Alpha Venture DAO, a Builders’DAO, where builders and Web3 users meet to build and incubate cutting-edge Web3 innovation. Builders will receive support and mentorship from Terraform Labs, who is a partner of Alpha Venture DAO, and Alpha Network, a group of more than 50 thought leaders, influencers and leading investors in Web3. Incubated projects can also tap Alpha’s community of 100,000 Web3 users.
About TiTi Protocol?
TiTi Protocol aims to bring a new type of elastic supply algorithm stablecoin solution to DeFi and Web3 that incorporates the Multi-Asset Reserves mechanism. TiTi Protocol always monitors changes in the total value of reserve to calculate the average price of TiUSD in circulation and adjusts the market-making peg price of TiUSD in the primary market through the ReOrders mechanism.
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