TyronDEX

Last June 29th, Tyron SSI celebrated its 3rd anniversary as a project on the Zilliqa decentralised, public blockchain. As it develops mass-consumption products, such as TYRON sovereign identities or SSI accounts, one of the challenges is the monetisation strategy. The Tyron SSI Protocol seeks to empower people with as many technological advantages & benefits as possible, as long as it is for the common good or Kvme Felen. So our vision remains, but how do we find the right balance between work & profits? Furthermore, with Tyron Mapu CIC as the leading legal identity of the DAO, it is critical to develop reinvestment plans in the community, in order to achieve a circular & sustainable economy.

In this context, Tyron SSI DAO has decided to create the Tyron SSI Token, a decentralised and public cryptocurrency.

We believe that in order to ensure decentralism & decentralisation, it was necessary to hold more than 98% of the tokens under our control throughout the last three years. And now, it is time for the decentralisation launch or fair token launch to secure a free market for TYRON with significant liquidity, welcoming the community to join our project. Therefore, a decentralisation swap of 100K $TYRON is being carried out at tyron.network/tydradex. This launch is happenning at a fair & predetermined price of 1.0 USD per Tyron SSI Token (TYRON). Sovereign identities are welcome to create their own open-source DEFIx wallets & trade from their defi@account.ssi domains, with more functionalities available as well as the option for social recovery.

So, which currency is best to reflect the price of the TYRON token?

Both fiat currencies (issued by governments) & cryptocurrencies suffer from volatility. Inflation, in particular, affects more & more people around the world every day. Nowadays, one of its main causes is the large accumulation of profits by multinational corporations & supermarkets. Therefore, decentralisation seeks not only to mitigate the negative effects of neoliberalism but also to strengthen new alternative & community-based free markets like TyronDEX. This decentralised tech is especially critical considering that most of the currencies in the current system are concentrated among the richest minorities.

So we have decided to develop a stable & decentralised currency called the (Self) Sovereign Identity Dollar (S$I). This token is equivalent to the Singaporean dollar & will be created by TyronDEX through several methods:

• Burning TYRON tokens (transmutation)
• Freezing other dollars such as USD & SGD (S$I loan)
• Over-collateralisation of ZIL & other tokens like stZIL (S$I loan)

The Tyron SSI Token behaves as the software that powers the tyron.network with utility in several established scenarios, including:

• Creating domain names and other NFTs, such as Tydras of Tyron.
• Accessing the TyronS$I Community through TyronDEX.
• Generating S$I dollars.

Thus, TYRON is launching a decentralised market called TyronDEX, featuring:

• A decentralised exchange (DEX) for trading between TYRON & S$I dollars.
• A fair launch platform for the Tyron SSI Token & more.
• Access to DeFi protocols such as liquidity providing, staking, loans & profit-sharing communities.
• ZIL to tokens trading for ZilPay users at tyron.network/tydradex (it works for unregistered users).

Thanks for reading!

You can manage your SSI & register your NFT domain on the tyron.network with ZilPay mobile browser or desktop browser extension.

‌Self-Sovereign Identity Protocol‌‌

‌‌SSI accounts: tyron.network/ssiprotocol & tyron.network/tyronmapu

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