BST Price Action

Divide the total bnUSD locked in the BST minter contract by the total BST supply.

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 here.