Hi @LarsWavesCM. Can you explain what makes investors want to

Question

Hi @LarsWavesCM. Can you explain what makes investors want to

mint NSBT with WAVES if price on SC is higher than price on exchanges? I already read the documentation and studied how NSBT price is issued but still don't get this point.

#cryptocurrency #english #neutrino

0

25.04.2022

4 ответов

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lars

Hello Polkaris! In case the price is lower than price on the exchange, or there is not enough liquidity in the orderbook, you always can use the smart contract to buy.

0

25.04.2022

Polkaris Автор вопроса

Okay I get that, but when moonfactor increases price on SC will theoricly go higher exponentially. What if the difference between market price and SC is really big? Is that possible?

0

25.04.2022

lars

Polkaris
Okay I get that, but when moonfactor increases pri...

Yes, it's possible, in this case high demand puts upward pressure on the price narrowing down the contract/market spread. Keep in mind 86% NSBT is staked.

0

25.04.2022

Kayser-i-Rum · Accepted Answer

Kayser-i-Rum

I can explain it to you as a minter. If someone wants to buy bigger amounts then its wiser to mint because the spread is very large. Order book is too thin.

0

25.04.2022

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Hi @LarsWavesCM. Can you explain what makes investors want to

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