Ztabilize

White Paper

A flatcoin pegged to Argentinian UVA index.

Authors: Matias Caparros and Matias Morcos

Version: 2.0 (Oct24)

contact: [e-mail] [e-mail]

Our Vision: https://medium.com/@mmorcos/the-denationalisation-of-money-is-here-b53cd0831488

Abstract

This document outlines a proposal for a new type of currency in Argentina, designed to be stable and reliable despite frequent changes in the economy. This currency, called a flatcoin, is tied to the UVA index, a measure that adjusts based on inflation to reflect the real cost of living. By linking the flatcoin to this index, its value is intended to remain consistent over time, mirroring the actual purchasing power needed in the economy.

To ensure the robustness and reliability of our UVAz flatcoin, it is now backed by CER-indexed Argentine bonds. This adjustment means that users will provide CER bonds as collateral, ensuring that the UVAz maintains its integrity and stability. This shift aligns the flatcoin closely with local economic indicators, providing a trustworthy and secure option for users seeking protection against inflation.

Introducing this flatcoin is significant for Argentina because it offers a way to save and spend without losing value to inflation. In an environment where prices often rise quickly, having a stable currency can help protect savings and make everyday financial planning more predictable. This stability could make a big difference in improving economic confidence and financial security for people in Argentina.