Anthill Dao Documentation
  • Anthill Community
  • Manifesto
  • Anthill Ecosystem
  • The Community
  • The New Economy
  • How Members Make Money
  • Decentralisation & Blockchain
  • Colonies
  • Metaverse
  • Education
  • Ranking System
  • Governance
  • How to Contribute Today
  • Token Economy
  • The Macro-Economy
  • Anthill Protocol
  • Protocol
    • Tokens
    • Platform
    • Roadmap
  • Mechanisms
    • Background
    • Stabilisation Mechanism
    • Initial Launch
  • HOW-TO
    • How to install Metamask
    • Metamask: Add Arbitrum Testnet Network
    • Metamask: Token Addresses
    • Getting ETH on Arbitrum Testnet
    • Getting ANT Tokens for testing
  • Misc
    • Socials
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  1. Mechanisms

Background

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Last updated 2 years ago

The ANT token (ANTT) is a utility token designed to be used as governance for the Decentralised Autonomous Organisation (DAO) The Anthill, as a medium of exchange, to pay rewards and for purchasing products and services.

In addition, ANT holders have voting rights and the ability to create proposals to improve the protocol.

Algorithmic Central Banks

Although a wide variety of stablecoin mechanisms exist, the Anthill Protocol specifically uses an “algorithmic central bank” approach to manage the supply of tokens according to a predetermined logic. The algorithm is in charge of balancing stablecoin supply to a fluctuating demand, ensuring that the token price remains relatively stable. Further details are available under the section.

Mechanisms