Interesting times for ChronoBank, is the mining contract already active?
No, the mining contract is not live yet. As soon as it is ready it will be announced publicly.
Is TIME aimed to become a *stable* token?
Like Tether for example, which is tied to the USD price.
I am asking this from the perspective of an investor buying TIME in the hope the token will appreciate over time. Is it intended by design that TIME will stabilize at a certain price?
No, LH tokens are designed to be a stable crypto currency.
https://blog.chronobank.io/time-token-reward-model-1c3508208791 :
Holding TIME tokens allows members of the ChronoBank ecosystem to perform a broad range of activities. These include:
- Operational and financial monitoring
- Voting to accept or decline a specific operational decision
- Interacting with other members
- Mining for rewards