SwissBorg will create 2 types of tokens that will have different functions. The first token called SB Cryptallion token, this token serves as Multi Strategy Token Hedge Fund, this is the first SwissBorg product. The goal of the Cryptallion Token Hedge Fund is to achieve continuous and consistent return profit levels in market cryptocurrency,
And what is the purpose of creating two tokens? Can't the same thing be done with one token?
No. There is very interesting concept with "proof of meritocracy' consensus.
PROOF OF MERITOCRACY
A core feature of the CHSB Token is giving holders the ability to choose the direction in which the network will be developed. The CHSB token is used to generate a referendum token, called the RSB token. For each decision, the RSB token is used by the holders to make decisions on the referendum proposals. The voting power will be weighted based on the amount of CHSB tokens users hold at the time of the referendum announcement and it will not cost any CHSB tokens to vote.
Inspired by the open protocol philosophy, SwissBorg is leveraging on a new type of open protocol utility: proof of meritocracy to revolutionize the wealth management industry.
