How Selling USDO Promotes Price Growth
Many of us are used to coins’ value going off a cliff when holders massively dump the coins, no one wants to be the last person holding onto a coin that everyone else is selling out of as with each seller, the value of the coin will continue dropping. USDO is built to be different.
- Collateral = 4 BUSD
- USDO circulating supply = 4
- The current rate is 1 BUSD per 1 USDO
- Collateral = 4 BUSD
- USDO circulating supply = 4
- The current rate is 1 BUSD per 1 USDO
- Collateral = 8 BUSD
- USDO circulating supply = 4
- The current rate is 2 BUSD per 1 USDO
- Collateral = 4 BUSD
- USDO circulating supply = 4
- The current rate is 1 BUSD per 1 USDO
- Collateral = 1 BUSD
- USDO circulating supply = 1
- The current rate is 1 BUSD per 1 USDO
As we can see, there’s no change in the value of USDO.
- Collateral = 5 BUSD
- USDO circulating supply = 1
- The current rate is 5 BUSD per 1 USDO
Due to the lowered circulating supply, each BUSD added to the collateral gives the remaining USDO more value.
In this sense, USDO is a little better compared to other normal cryptocurrencies.
- The more users sell out USDO, the more valuable each remaining USDO becomes.
- The value of USDO can be maintained right down to the last holder.
Last modified 10mo ago