Universal Monetary Unit
adopting monetary policies engineered to stimulate continuous demand with minimal price volatility most suitable for store and exchange of value and as a central bank cash reserve currency.
DCMA is responsible for establishing monetary policy governing the Unicoin cryptocurrency
Unicoin monetary policy committee (UMPC) consisting of up to twelve leading economists and central banking leaders around the world.
The UMPC currently meets on the first Monday of each month.
The use of open market operations will assist in minimizing price volatility of Unicoin over time and should prevent Unicoin from being traded in the same pattern of the broad cryptocurrency market.
Unicoin open market operations will utilize a collaborating network of open market traders to buy and sell Unicoin to stabilize any aggressive volatility that may arise in Unicoin in the open market. Unicoin open market operations will also be a strategic tool for achieving short-term and longer-term monetary policy targets and goals.
The Unicoin open market operations will deploy artificial intelligence and machine learning trading bot to assist in achieving Unicoin monetary policy goals.
As an money commodity, Unicoin could help central banks and their member banks meet their minimum depository requirements with less national fiat cash than would be generally required.
The UMPC monetary policy will establish specific monetary incentives for central banks and retail and commercial banks to purchase and hold Unicoin in their cash reserves.
Unicoin has engineered cash reserve ledgers specifically for central banks and their member banks.
https://dcma.io/universal-monetary-unit.html