The storage of Air Protocol will be on a privacy focused side chain that will allow open access to your ledger. While privacy isn’t our main goal, we feel that all transactions and earnings should be maintained to the users discretion of use. This in turn means that access to your ledger of mints/burns will be at your control at all times. Publicly permitted API’s will be developed to allow for even the most common bookkeeping and accounting softwares to integrate with your private ledger.
The act of reentry into the market will be as simple as “on chaining” your USDAP to Bitcoin Air. This event will occur through the burning of USDAP and the minting of Bitcoin Air at the current market rate. This action, called on chaining, will cause a rise in circulating supply, along with a rise in market capitalization to make sure no other holder takes a negative impact by reentry to the market. Simultaneously, the burning of USDAP will lower the circulating supply and lower the reserves available on the static value side chain.
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