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Mario-Guta

I still can't understand how the price can fluctuate ....

will the current Shen circulation be the maxim circulation? if anyone will want to buy 1B of shen to extend the Djed circulation will all the rewards go back to the current users? or it will be done behind scenes and they will just add the shen ? or they will slowly add the shen so they will receive the rewards as well...? seams that the only way to truly benefit of Shen rewards is to add liquidity on dex

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Ben-G | COTI | Will never DM you first!

SHEN's price is affected by ADA's price, so if ADA's price goes up, this will affect $SHEN's price. However, there are more factors you need to take into consideration like how much SHEN is in circulation, what's the ratio at time of minting / burning, and more. You can use this formula to calculate SHEN's price and play with numbers: Equity divided by the number of $SHEN tokens in circulation.

0
01.03.2023

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