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Topic
Board Announcements (Altcoins)
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
by
dzimbeck
on 09/08/2019, 23:24:36 UTC
@Pajulapoiss
The Bit Bay Coin and Polish Exchange are not the same.
It's all been very confusing over the years.

Hopefully David and the team can make some kind of obvious differentiation between the two after the peg...
And hopefully this question gets the attention that a slight name change may need to happen to prevent this confusion in the future.
Thanks

Where Can i find more info about the peg you are talking about?

Well you can see our peg in action on testnet at dynamicpeg.com

It tracks around $15 even when we try to crash it, it will eventually find it's way back to that level.
Consider though that this does mean some of the users coins switch from BAY to BAYR in the process of deflation. If a user sells
all of their liquidity they are unable to negatively impact the market.

Also there is a lot of info on our site at bitbay.market

There is also a good pdf explainer we use to talk to exchanges here:
https://www.docdroid.net/st3eM7n/dynamic-peg-visual-technical-reference.pdf