Silk expands on Bitcoin's electronic cash system by creating a binary coin feedback system that preserves value by accepting collateral. The platform has been modeled after an electrical resonance circuit that drives currency into oscillation.
Silk is designed to support continuous economic growth and increased purchasing power. When paired with digital currencies, Silk acts as a dynamic stabilisation fund, increasing with each commodity purchase and decreasing by each collateral sale.
Silk (SLK) is the digital asset that backs the currency DarkSilk (DSLK). Silk adapts to the DarkSilk supply in order to stabilise its price. In doing so, the price of Silk will oscillate and provide great arbitrage opportunities for investors.