CORN is a cryptocurrency that adopts a restrictive strategy in CORN to promote consensus among participants. This is because speculators are the main factor who trigger community instability in the existing autonomous strategy execution platform.
As mentioned in its whitepaper, the platform witnesses a deliberate increase in its value to ensure a decent profit for all participants. CORN can be used to trade HUSD and reward liquidity providers. HUSD is an ERC-20 token issued and redeemed at a 1:1 ratio to USD. Various tokens are destroyed due to transaction fees charged by some platforms. Liquidity providers suffer less temporary losses in CORN than if they enter liquidity pools for other tokens trading with wildly fluctuating prices.
CORN follows the principles of community governance. Community members decide everything. Each CORN holder is a decision-maker in community governance. The value enhancement of CORN follows this principle, and all participants need to act in accordance with this rule; otherwise, they face heavy losses. Although some participants may be reluctant, the consensus is conducive to promoting CORN's value, allowing each participant to obtain considerable returns.
The development of CORN has gone through two stages, called V1 and V2. In the V1 stage, only liquidity mining was open to participants, and CORN could be obtained by participating in CORN liquidity mining. In the V2 stage, CORN's lending platform was launched. The borrower's debt is represented in tokens instead of internal accounting in the contract.
The CORN team starts the initial distribution with several liquidity events. CORN tokens can be obtained by providing liquidity to CORN farms, and the contributed LPs are matched and added to the liquidity pool. In addition to using CORN tokens to participate in liquidity mining, participants can also use other tokens and other LPs to participate in CORN's liquidity mining and obtain CORN.
