TBCD

Token Bonding Curve Dollar (TBCD) is an algorithmic, non-synthetic stablecoin whose value is maintained by the SORA token bonding curve at approximately $1 USD. TBCD is convertible to XOR as a reserve asset of the token bonding curve and helps build up reserves while also being used to fund the creation of new goods and services via on-chain governance. In SORA v3 tokenomics, 0.5% of all network transaction fees are allocated for buyback and burning of TBCD. TBCD can only be created and allocated by on-chain governance, meaning XOR token holders decide the supply.