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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.
