The Array contract is open and transparent, 90% of the assets deposited by the user are directly injected into the underpinning contract, and the remaining 10% will be injected into the liquidity pool for price discovery, and can be freely traded at any price in the open market.
With the growth of the accumulated funds in the pot, the agreement will increase the reserve price of $ARA through algorithms to continuously catch up with the appreciating market price; although $ARA may trade at $1 today and $5,000 tomorrow, the treasury will always increase the $ARA Intrinsic price of coins and shorten the distance between their market prices. This dynamic also reduces the risks associated with rising prices
Neither pumps nor crashes are benign, so the Array protocol uses algorithmic incentives to slow down price increases to ensure market prices don't get farther and farther from the floor. There is no so-called "ceiling" to prevent the market price from being pushed up infinitely, but the farther the price is from the bottom, the more difficult it is to continue to push up
In the dimension of time, currency design should treat newcomers and early holders fairly, otherwise it will eventually fall into stagnation. Most of the projects in the pre-stable era relied on the "rebase" coinage mechanism to control, resulting in extra profits flowing to early holders, which would not happen in Array, and everyone would get the same return. Early holders are rewarded just as much as newcomers because the reserve price rises, since the premium between the market price and the reserve price is consistent throughout the lifetime of the currency. The profit obtained today is the same as yesterday.
