Monetary Policy
Last updated
Last updated
In the encryption community, trust is fragile and precious. Array believes that a deterministic monetary policy is very important and currency issuance needs to be done in a fixed way, otherwise it will weaken the confidence of community members in its value preservation. At the same time, in order to ensure the fairness of distribution and pricing. Array controls the number of $ARA issuance and repurchase based on the mathematical model of the Bonding Curve.
When the market liquidity is insufficient, the agreement will complete the liquidity guarantee by issuing a small amount of $ARA multiple times so as to ensure that there is a steady stream of base-building funds in the pot. As the market price of $ARA rises, the floor price will also increase. To increase the sense of security for the Array community.