I thought NSBT price on SC depended on Oracle price

Question

Neutrino Protocol - Official group

Polkaris

I thought NSBT price on SC depended on Oracle price

when BR<1. Why would anyone swap on SC if market price is lower? 🤔

#cryptocurrency #english #neutrino

0

25.04.2022

4 ответов

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Edward | WX Network

Hello! It depends on it indeed, however, due to the current Waves market price and the Moonfactor, the price on the contract is still higher at the moment.

0

25.04.2022

Polkaris Автор вопроса

Ums. Can someone explain what is exactly moonfactor? And how it works? Sorry I'm still learning about the protocol 😅

0

25.04.2022

Edward | WX Network

Polkaris
Ums. Can someone explain what is exactly moonfacto...

It's a theoretical maximum limit on the supply (Max Supply) of NSBT. First of all, I'd recommend you check the documentation on Neutrino: "How is the NSBT smart contract price formed?". It's been set by our Community through voting, and this link can be also useful to understand it better: https://medium.com/neutrinoteam/moon-factor-activated-f05691a3465c.

0

25.04.2022

Pepe 🧩🦅 l 🅾️🇳🇱 l ☠️D&T💸 · Accepted Answer

Pepe 🧩🦅 l 🅾️🇳🇱 l ☠️D&T💸

Market price becomes equal/lower if the minted nsbt are sold on open market while arbing

0

25.04.2022

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I thought NSBT price on SC depended on Oracle price

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