BitcoinMYK Backed Dollars (BBD), redeemable for standard Btcmyk tokens redeem at a rate of their market price and usd value of btcmyk tokens. The buying power of bbd's increase based on the growth rate of the Bitcoin MYK account based social media platform. More BBD's are issued to accomodate a growing network as well as provide liquidity to btcmyk tokens. BBD's liquidity rates range from 30-80% to provide stable prices. Increase in buying power fluctuates based on the growth rate. Redemption rates are based on a 30 day average and all issuance of bbd's and buying power rates are gradual and allows for the market not to be shocked by large volatility movements. BBD's act as a more stable means for vendor and merchant services. Global remittance payments. Providing more of a sense of security.
