By: Geeq on Sep 16, 2022
Co-Founder and Chief Economist John P. Conley published a paper that described a proposal for the monetary policy for the Geeq platform. Rather than a stable-token, John devised the mechanics for a Geeq stabilized-token.
The purpose of Geeq’s monetary policy was to smooth volatility in the price behavior of Geeq’s utility token without determining its market price. The monetary policy is transparent, self-funding, and designed to reduce uncertainty, which reduces the barriers to mass adoption.