🖼️Future plans

ENGIS Token

A token is backed by putting the value of other types of assets on a different scale and in a different way (the variations will be under):

Multi-Part Transfer: This can be done in very different formations, but the overall thing is that by getting ENGIs in exchange for other assets, they will be automatically changed into the list of assets in crypto that is mentioned under. Before any rearrangement and other ways to handle the balance, like the list of assets to choose from, there is a must that the balance of assets that is desired is about balancing out each other just by the nature of behavior during different economic circumstances.

This will give a specific self-backed index, which will help operate with many different problematic options. The team would like to structure it in the way shown below:

• 35% - Stablecoins in USD and EURO (proportion is about 50/50, but can be changed up to 40/60 in both sides)

• 35% - Stablecoins in Gold ( Tether Gold and PAX Gold and some other for higher stability)

• 15% in BTC

• 15% in ETH

The part with Bitcoin and Ethereum will have a constant daily revision to balance out the price. The system holds the price of the asset at the moment of auto transfer and can change it into stable to make the exposure lower or change it back into BTC or ETH when the price goes back up.

If it goes lower than it was, it eliminates these positions immediately and takes them back at a lower price after 24 hours, or when it becomes the same as it was.

The purpose of having such a stablecoin is a fixation on income inside the platform and a very solid way of interacting with the funds for the product and the user if needed. Engain wants to offer something much better than any existing option, so it is possible to trust it as a premium-quality product, first for the product itself and then for the market overall after testing and proving the concept works as it is intended to work.

Composability

The target is to engineer the protocol so that it can be efficiently utilized by wallets, aggregators, and other products to bring greater functionality to their users, who, in turn, become protocol users by proxy. As it is possible to beat other pricing protocols through the JIT AMM in the high-volume pairs Engain will offer, aggregation should be very effective.

Inter-Protocol Compatibility

Enable compatibility with existing cross-chain messaging protocols, allowing Engain to become a part of any existing cross-chain projects quickly, but offering better pricing and access to assets that others simply can not (non-EVM & non-smart-Contact chains)

Security

Maintain high-security standards with a strict code policy, thorough external audits from firms such as Trail of Bits, extensive monitoring software, layered defenses within and around the core protocol, web properties, and network, and other mitigating measures such as bug bounties and penetration testing programs.

Sustained Value Capture

The protocol should be self-sustaining if enough users want to use the product without artificial incentives. The protocol should feed value from fees into the $ENGI token, distribute it to token holders, and offset any incentives offered.

Engi Karma

SSI is one of many solutions for secure storage and easy data interchange. "Engi Karma" is a personal score that grants users the ability to quantify their Engain activity. A user's Karma score quantifies all reviews, downloads, votes, challenges, transactions, staking, etc. The higher the user's score, the more the community can trust the user. Engain will use Engi Karma in many ways in the future; for example, new pool providers can build reward programs based on the Engi Karma Score, and the Karma Score can influence the number of votes a user is allocated.

Reports

Engain can generate an on-demand report that any third party can use because it collects and aggregates all on-chain data about all of its users' app activities. It may include official entities to provide relevant and up-to-date information about the user's blockchain activities. This information becomes extremely valuable, in significant part, as government regulation increases user transparency regarding their blockchain activity.