Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Timvi Official – an ecosystem of services and a TMV stablecoin
by
TimviOfficial
on 07/11/2019, 17:21:32 UTC


Do you plan listing on well-known exchanges? If so, how do you think listing can affect the price of your token? Sometimes listing can adversely affect the price, traders can first raise the price of an asset and then drop it sharply.
Sure, Timvi has plans to list on the exchanges.

Suppose that the TMV exchange rate has grown to $1.05. This can be a great incentive for the user to open a new TBox as soon as possible, to withdraw TMV from it at the internal exchange rate of the platform(1TMV = $1) and sell these TMV on the exchange for $1.05, thereby lowering the rate to $1.

If the TMV rate has slightly decreased on the exchange, for example up to $0.95, this means that users who want to close their TBox can buy TMV “at a discount”, return them to their TBox and take back their ETH. This will also return the rate to $1.