BST Price Action
Divide the total bnUSD locked in the BST minter contract by the total BST supply.
Last updated
Divide the total bnUSD locked in the BST minter contract by the total BST supply.
Last updated
The price of BST is calculated using a simple formula:
Divide the total bnUSD locked in the BST minter contract by the total BST supply
This formula is utilized every time BST tokens are minted or burned, ensuring a transparent and fair pricing mechanism.
For instance, if the treasury holds $500 bnUSD and there are 500 BST tokens in circulation, the price of BST would be $1 ($500 ÷ 500)
The price adjusts accordingly as more BST tokens are minted or redeemed, benefiting all existing holders. Check out the total supply and amount of holders right .
