Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] STABLE project - Low volatility token
by
Stable Project
on 22/07/2017, 18:42:46 UTC
So if I understand this correctly, the token will be traded on exchanges by your bots in order to achieve price stability?  thanks


Thank you for your question.

Yes, your understanding and interpretation is correct. However, please note that our bots might not be active if:
a) the price of STB token in the crypto exchanges is not materially different from what it should be (project's net asset value divided by number of tokens issued),
b) other digital tokens are in extreme imbalance. In such a case it is likely that all of the project's assets will be deployed to stablize tokens other than STB. Such instances should be few and far between (e.g. major crypto crashes), and based on experience, should not last for more than a day or two.