Where i can sell black bytes and what price?
Better to sell Gbytes, I’m glad I did when they were $90
I wouldn't take investing advice from xenon131, he just wants GBYTE/USD price to go down so he could get his 100 OUSD out of the liquidity pool without divergence loss (even though he probably already got rewards from liquidity mining). He also can't read properly, even when you try to correct him for 2 weeks and he can't tell the difference between different type of stablecoins out there. He also thinks that multi-dimensional bonding curve means multi-asset collateral (not sure where he got that nonsense from).
Nope, all liquidity providers lose their money because they need to swap to Gbyte at the very end. None of the existing stablecoins can be directly traded for BTC, Gbyte is the only option. Price is getting crazy, my blockfolio app shows $136.77 right now. Gbyte, I'm saying seriously, stop immediately and go back to $20.
Why so huge surge in price, almost 70% up? I tried to find the news that would in potential to trigger the current rise but failed to find any. There is a rumor that Obyte has to target kucoin, is that true? Anyway I don't think the price increase of Gbyte could make liquidity providers happy right now. They are losing money in their pools. Gbyte, go back to $20.
The big problem I see for your algorithmic stablecoins (OK, you may call them bounded, but they are algorithmic, by and large) is that their price in Gbyte do not reflect their real value in BTC/$. Probably to control their prices you need to implement not two-dementional but three- or even four dimensional function. Those two extra dimensions would be BTC and $. Market oracles would be helpful.