The CryptoGuard Protocol
Price of #MNX token always above a specified Guard ZONE
Last updated
Price of #MNX token always above a specified Guard ZONE
Last updated
The CryptoGuard Protocol concept incorporates a mechanism for determining the lower price boundary of the coin using the mathematical protocol BBC 2.0. In the event of the price dropping below the algorithmically calculated level, the protocol automatically activates the BUY BACK function. This mechanism is backed by reserve funds, including resources from early investors and transaction fees.
Additionally, there is a protective mechanism against aggressive sales, BUY BACK 2.0, which holds the price above a specified Guard ZONE. This zone is determined based on mathematical calculations, the number of coin holders, and reserve funds. Thus, the CryptoGuard Protocol ensures stability and reliable protection against sharp declines in the coin's price.
The determination of the lower price boundary involves establishing a mathematical model or formula that considers various parameters to prevent the coin price from falling below a certain level. In the context of the Guard ZONE model you've mentioned, this boundary aims to maintain a minimum price for the cryptocurrency.
The mathematical model (using Lagrange multipliers) represented as follows: