Aicrypto aic 600 aic.
Bancor price floor.
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Contract internal transactions as a result of contract execution on the ethereum blockchain.
A smart contract that will buy back bnt for 0 01 eth the initial price whenever it is available according to its calculated price.
As some of you may remember following the feedback we received from the community about the bancor tge terms specifically the uncapped minimum time we decided to use 80 of the proceeds above the 250 000 eth cap to create a price floor that would offer to buy back bnt at the tge price 0 01 eth for two years after which any remaining funds would be allocated to the foundation s.
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Pro pro 0 88888889 pro.
The purchased bnt will be added to the foundation s long term budget right now bancor team hold 50 of bnt so its very hard for the price to go down to zero.
Check out our snapshot charts and see when there is an opportunity to buy or sell bancor.
Because to go to zero every token need to be sell.
Ethbnt 0 ethbnt.
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Erc 20 tokens 8 bancor bnt 0 bnt.
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Live bancor prices from all markets and bancor coin market capitalization.
I don t see a problem here.
So after the price floor contract ran out bancor ended up with a few million extra bnt for themselves and whoever sold to the price floor basically got a refund on their ico investment.
The price and supply of a smart token increases whenever the token is purchased and decreases whenever it s sold and in both cases relative to the transaction size meaning bigger increases or decreases for larger transactions in either direction in order to maintain an.
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