Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield
by
PilotofBTC
on 09/05/2014, 21:39:24 UTC
Will the Nautiluscoin Stabilization Fund ever be used to suppress the price if it is growing too fast or is it just used for buy pressure?

From what I understand of the fund, it seems to try to enforce a floor when it buys or sells. And since the fund (and "Official" price) is based off of AGX, I'm sure the fund is automated, since AGX has a nice automation API.

BK has said the NSF is currently manual. He plans to automate it later.