Create algorithmic stable coin on Ethereum
Budget: $30 – $250 USD
Create a stable coin based on algorithm on Ethereum.
Logic:
- The base price of the token exchange rate vs the USD is (0.0009 $Token = $1USD)
- The token is allow to have 25% volatility, therefore it will have a min price limit value of which it can drop to and a max price limit value of which it can increase to.
- The max price holders can sell their Token for is (0.0012 $Token = $1USD)
- The min price holders can sell their Token for is (0.0006 $Token = $1USD)
Logic:
- The base price of the token exchange rate vs the USD is (0.0009 $Token = $1USD)
- The token is allow to have 25% volatility, therefore it will have a min price limit value of which it can drop to and a max price limit value of which it can increase to.
- The max price holders can sell their Token for is (0.0012 $Token = $1USD)
- The min price holders can sell their Token for is (0.0006 $Token = $1USD)