LIDAO has re-invented a technique used by the old central banks to peg its own LiDAO token with a basket of decentralized assets (e.g: BUSD ) which is stored in the LiDAO treasury. By having a basket of multiple assets, LiDAO is able to give its LiDAO token an intrinsic value (IV) that it cannot fall below and at the same time allow the LiDAO token to float above the value of the backed assets.