utility tokens</a> that are supported by USD for the first 16 months of their lifespan to promote accountability from project developers.</strong></p>\n<p>The very first blockchain that used this platform is Orion Protocol.</p>\n<p>The USD banking offers protection in opposition to a token’s lower price movements while proving an endless upward dynamic.</p>\n<p>Aside from the primary market, DYCO has a second version dubbed dynamic coin offering version two <strong>(DYCO v2)</strong> that focuses on creating confidence even in the secondary market.</p>\n<p>Furthermore, a<strong> <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-smart-contract/">smart contract</a></strong> in a <strong>DYCO v2</strong> distributes tokens to investors in the shape of a bridge crossing, tailored to first buyers who do not intend to remain with the business long term. 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Have?","featured_image_id":10729,"status":"published","chapter_id":7,"language":"en","order":2,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-invest-in-crypto","featured_image":{"id":10729,"uuid":"3439a1db-9892-404a-b4b6-a1db5a34bca4","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/how-to-invest-in-crypto-featured-image.jpg","path":"crypto/storage/optimized/how-to-invest-in-crypto-featured-image.jpg","original_path":"crypto/storage/original/how-to-invest-in-crypto-featured-image.jpg","name":"how-to-invest-in-crypto-featured-image.jpg","original_name":"how-to-invest-in-crypto-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"75.22KB"},"youtube_video":null},{"slug":"ico-vs-ido","title":"ICO vs IDO vs IEO: Which One is the 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Them?","featured_image_id":11359,"status":"published","chapter_id":7,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-an-airdrop","featured_image":{"id":11359,"uuid":"7b43c968-1275-4d3e-acb1-1707a43a4014","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/what-is-an-airdrop-featured-image.jpg","path":"crypto/storage/optimized/what-is-an-airdrop-featured-image.jpg","original_path":"crypto/storage/original/what-is-an-airdrop-featured-image.jpg","name":"what-is-an-airdrop-featured-image.jpg","original_name":"what-is-an-airdrop-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"66.05KB"},"youtube_video":null},{"slug":"how-to-get-free-crypto","title":"How to Get Free Crypto Assets?","featured_image_id":6542,"status":"published","chapter_id":7,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-get-free-crypto","featured_image":{"id":6542,"uuid":"4fceb9ab-391e-4ef9-b00d-c871a49878a3","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-get-free-crypto.o.jpg","path":"crypto/storage/media/how-to-get-free-crypto.o.jpg","original_path":"crypto/storage/media/how-to-get-free-crypto.jpg","name":"how-to-get-free-crypto.o.jpg","original_name":"how-to-get-free-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"93.93KB"},"youtube_video":null},{"slug":"how-to-arbitrage-crypto","title":"What is Crypto Arbitrage: The Main Principles","featured_image_id":null,"status":"published","chapter_id":7,"language":"en","order":6,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-arbitrage-crypto","featured_image":null,"youtube_video":null},{"slug":"what-is-fud","title":"What is FUD: How to Use It to Your Advantage While Investing in Crypto?","featured_image_id":11394,"status":"published","chapter_id":7,"language":"en","order":7,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-fud","featured_image":{"id":11394,"uuid":"defd32c5-d3e1-4e66-9f58-e2ee316bad3a","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-featured-image.jpg","path":"crypto/storage/optimized/what-is-fud-featured-image.jpg","original_path":"crypto/storage/original/what-is-fud-featured-image.jpg","name":"what-is-fud-featured-image.jpg","original_name":"what-is-fud-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"65.30KB"},"youtube_video":null},{"slug":"investing-in-cryptocurrency","title":"Investing in Cryptocurrency: How to Manage Your 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Crypto?","featured_image_id":6532,"status":"published","chapter_id":7,"language":"en","order":9,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-a-rug-pull-in-crypto","featured_image":{"id":6532,"uuid":"be8043fb-078c-4487-9af9-d2d9c2b574ea","public_url":"https://assets.bitdegree.org/crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","original_path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.jpg","name":"what-is-a-rug-pull-in-crypto.o.jpg","original_name":"what-is-a-rug-pull-in-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"92.28KB"},"youtube_video":null},{"slug":"how-to-avoid-rug-pulls-in-crypto","title":"How to Spot and Avoid Rug Pulls?","featured_image_id":6555,"status":"published","chapter_id":7,"language":"en","order":10,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-rug-pulls-in-crypto","featured_image":{"id":6555,"uuid":"80cbed9d-3b4b-45d9-9a85-d2d8108c0f32","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","path":"crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","original_path":"crypto/storage/media/how-to-avoid-rug-pulls.jpg","name":"how-to-avoid-rug-pulls.o.jpg","original_name":"how-to-avoid-rug-pulls.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"111.99KB"},"youtube_video":null},{"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto Taxes","featured_image_id":6526,"status":"published","chapter_id":7,"language":"en","order":11,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-crypto-taxes","featured_image":{"id":6526,"uuid":"1e44162c-ef1d-4010-81b4-9e8d1809aedf","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-crypto-taxes.o.jpg","path":"crypto/storage/media/how-to-avoid-crypto-taxes.o.jpg","original_path":"crypto/storage/media/how-to-avoid-crypto-taxes.jpg","name":"how-to-avoid-crypto-taxes.o.jpg","original_name":"how-to-avoid-crypto-taxes.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"99.10KB"},"youtube_video":null}]},{"id":8,"title":"Crypto 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About","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":2,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/best-technical-analysis-indicators-for-crypto","featured_image":null,"youtube_video":null},{"slug":"what-is-candlesticks","title":"Technical Analysis: What are Candlesticks, Trendlines, and Patterns?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":3,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-candlesticks","featured_image":null,"youtube_video":null},{"slug":"how-to-track-new-crypto-coins","title":"Crypto Tracking: How to Track Your Favorite Coins & Tokens?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-track-new-crypto-coins","featured_image":null,"youtube_video":null},{"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-research-crypto","featured_image":null,"youtube_video":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-mining.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-mining-101.jpg","rating":80,"sections":[]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":862,"original_id":null,"author_id":42,"translator_id":null,"title":"What is Decentralization Ratio?","slug":"what-is-decentralization-ratio","section":"D","keyword":"Decentralization Ratio","status":"published","definition":"the ratio of decentralized collateral value over the total supply of stablecoins backed for those assets.","content":"<p>The <strong>proportion</strong> of decentralized collateral value over the entire <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-stablecoin/">
stablecoin supply backed by those assets is referred to as the Decentralization Ratio (DR). In other words, it’s a method to estimate how much of an asset's value derives from decentralized sources. It is <strong>a</strong> great way for assessing how risky an asset is. The DR considers all underlying components of <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-collateral/">
collateral claimed by a protocol, not simply those contained inside its system contracts.</p>\n<p>To calculate the off-chain risk <strong>of any stablecoin</strong> the DR can be used. Collateral with an excessive off-chain risk is considered to be 0% decentralized. Examples of such collaterals are <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-fiat/">
fiat coins</strong></a>, <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-custodial/">custodial assets</strong></strong></a>, and <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-security/">securities. Ethereum, on the other hand, and reward tokens such as CVX and <strong>CRV</strong> would be considered 100% decentralized.</p>\n<p>Examples of off-chain risks include government entities freezing or interfering with assets, as well as compulsory <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-know-your-customer-kyc/">KYC. A great example of this could be if the<strong> transfer of USDC to non-KYC businesses</strong> would be prohibited by the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-securities-and-exchange-commission-sec/">SEC. In addition, off-chain risks include risks related to the currency in which those assets are based, for example, US Dollar inflation for USDC.</p>\n<p>To give you an example of how the DR is calculated, let’s take the <strong>FRAX3CRV LP token</strong>:</p>\n<ul>\n<li>FRAX3CRV LP token consists of 50% FRAX and 50% 3CRV. <em>Though we won’t take the FRAX part into account because it can’t back itself</em>.</li>\n<li>The 3CRV is made of 33% USDC, <strong>33% USDT</strong>, and 33% DAI.</li>\n<li>USDC and USDT are each made up of 100% fiat coins, while <strong>DAI</strong> is made up of 60% fiat coins.</li>\n<li>Therefore, each $1 of FRAX3CRV LP token has around $0.066 ($1 x 0.5 x 0.33 x 0.4) or 6.6% worth of <strong>value coming from decentralized sources</strong>.</li>\n</ul>","level":"easy","meta_title":"What is Decentralization Ratio? Definition & Meaning | Crypto Wiki","meta_description":"Decentralization Ratio meaning: Decentralization Ratio - the ratio of decentralized collateral value over the total supply of stablecoins backed for those assets.","meta_keywords":null,"language":"en","created_at":"2022-04-06T11:11:31.000000Z","updated_at":"2022-05-13T14:32:24.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-decentralization-ratio"},"prevSection":{"id":306,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Dusting Attack?","slug":"what-is-dusting-attack","section":"D","keyword":"Dusting Attack","status":"published","definition":"Dusting attacks occur when malicious individuals take advantage of users that don’t pay attention to the small number on their wallet address so they start “dusting” a big number of addresses by sending a few satoshis to them.","content":"<p>Dust refers to a small and unnoticeable quantity of coins or tokens. For instance, the smallest unit of <strong>BTC</strong> is 1 <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-satoshi-sats/">satoshi./nDusting attacks, on the other hand, occur when malicious individuals take advantage of users who fail to notice the little number on their <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-wallet/">wallet address. They start <strong>\"dusting\"</strong> a large number of addresses by transferring a couple of satoshis to them. </p>\n<p>After that, they perform mixed research of those addressed in an attempt to figure out which ones are from the same crypto wallet.</p>\n<p>The attacker can use the dust transaction to keep an eye on the performance within the wallet effectively enough to get data about the identity of the owner. In other words, once the attacker has dusted the wallet, he will track information of the affected accounts and unmask what businesses or people are linked to it.</p>\n<p><strong>They can utilize the data in phishing scams as well.</strong></p>\n<p>An attack like this happened in 2019 when a big amount of dust transactions were made within <strong>Litecoin wallets.</strong> However, it didn’t take long for identifying the source of the attack before major harm was done.</p>\n<p>Later, the attackers revealed themselves indicating that their aim was to advertise their <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-mining-pool/">mining pool</strong></a> to the Litecoin enthusiasts. Even though no harm was done, the event did showcase how easy it is to perform such acts. Similar attempts can easily be done specifically on Litecoin or even any other public blockchain.</p>","level":"easy","meta_title":"What is Dusting Attack? Definition & Meaning | Crypto Wiki","meta_description":"Dusting Attack meaning: Dusting Attack - Dusting attacks occur when malicious individuals take advantage of users that don’t pay attention to the small number on their wallet address so they start “dusting” a big number of addresses by sending a few satoshis to them.","meta_keywords":null,"language":"en","created_at":"2022-03-10T08:26:05.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-dusting-attack"},"currentChapter":"D","currentSection":"what-is-dyco-dynamic-coin-offering","chapterTitle":"D","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-dyco-dynamic-coin-offering","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0"> Crypto Terms: Letter D
What is DYCO (Dynamic Coin Offering)?
DYCO (Dynamic Coin Offering) MEANING:
DYCO (Dynamic Coin Offering) -
is a financing platform created by DAO Maker.
Let's find out DYCO (Dynamic Coin Offering) meaning, definition in crypto,
what is DYCO (Dynamic Coin Offering),
and all other detailed facts.
DAO Maker retains utility tokens that are supported by USD for the first 16 months of their lifespan to promote accountability from project developers.
The very first blockchain that used this platform is Orion Protocol.
The USD banking offers protection in opposition to a token’s lower price movements while proving an endless upward dynamic.
Aside from the primary market, DYCO has a second version dubbed dynamic coin offering version two (DYCO v2) that focuses on creating confidence even in the secondary market.
Furthermore, a smart contract in a DYCO v2 distributes tokens to investors in the shape of a bridge crossing, tailored to first buyers who do not intend to remain with the business long term. In such a circumstance, it permits them to return their allocations and depart within the early stages of a project.
The USD banking enables DYCO investors to receive a return of their tokens if the project takes their part and fails to provide the desired output.
For instance, if an investor believes that project developers are acting improperly, they might choose to surrender their shared tokens and earn their money back. Refunded tokens are removed from circulation irreversibly by burning, providing the project with an updated assessment when the token supply is lowered, increasing the value of each token.
Interestingly, a team seeking investments through a DYCO has no authority to change the stated repayment dates. DYCO v2 improves on this feature by compensating for a project's early growth without potentially harming individuals who wish to quit early or undermining secondary market trust.
