greater than $1
, and thus new tokens need to be introduced to the ALTE economy. less than $1
, leading to the removal of tokens.around $1
.[+ 5%*target price]
the supply expands and if the current price is below the target price [- 5%*target price]
the supply contracts. [$1.009 + $1.009 * 5% = 1.05945]
, and $1.10 is higher than the max price that can still qualify as equilibrium.