Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [SEND SDT] The consensus price token designed for everyday use
by
Send Protocol
on 18/07/2018, 22:31:48 UTC
Good afternoon. Is it enough to update the consensus price only once a week? Maybe you should do once in three days?   

During the token distribution, the price will update every 24 hours based on sales. After, the consensus period will be 7 days. This was decided thinking of migrants who tend to send funds early in the week. In this way, we ensure the most current price when the bulk of transaction activity is likely to take place, and maintain that price for the remainder of the week to allow recipients to use ther SDT or cash-out with the same rate. If this turns out not to be the appropriate period, this is something the Send Foundation can submit for vote by token holders.