;; Nova Algorithmic Stablecoin V2
;; Advanced stability mechanism for algorithmic assets
(define-constant ERR-NOT-AUTHORIZED (err u100))
(define-fungible-token nova-usd)
(define-data-var target-price uint u1000000) ;; $1.00 USD (6 decimals)
(define-data-var oracle-price uint u1000000)
(define-public (update-oracle-price (new-price uint))
(begin
;; In production, add oracle authorization check
(var-set oracle-price new-price)
(ok true)
)
)
(define-public (stabilize)
(let
(
(current-price (var-get oracle-price))
)
(if (> current-price (var-get target-price))
(expand-supply)
(contract-supply)
)
)
)
(define-private (expand-supply)
(begin
;; Mint tokens to lower price
(ft-mint? nova-usd u1000000 tx-sender)
)
)
(define-private (contract-supply)
(begin
;; Burn tokens to raise price
(ft-burn? nova-usd u1000000 tx-sender)
)
)