Good afternoon. How are you going to protect the rate from considerable fluctuations? It seems to me that its impossible.
Dont worry, Consensus Network was made to solve this issue.
I heard about it, but i still cant figure out how this mechanism works.
Well. if we dont pay much attention to the technical details, its task is to make external factors to have minimum possible impact on Send token volatility.
Do you think that a young cryptocurrency will experience speculative influence? A lot of them appear nowadays.
The same happened to BTC, and now speculators influence the rate more than the ones wholl use the coin in the internal ecosystem. Im glad that the team has worked it out in advance.
Adequate network liquidity will protect from sharp SDT price fluctuations. Although speculation drives most crypto price formation, the primary factor impacting SDT price is real use, measured in terms of turnover rate within the Consensus Network.
As long as there is sufficient liquidity in the network, a price equal to or higher than the reference price will be accepted for use within the network. Outside of the network, SDT price will move freely, generating arbitrage opportunities and a regulating effect on overall price.
The Consensus Network and the transparency policies we have adopted should be sufficient support to isolate the token from the volatility of other cryptocurrencies, including Bitcoin.