Trading and Price Model

Esteem’s Pricing Model

Initial Price: 10 USDT per Esteem, increasing to 15 USDT during presale, and 16 USDT at launch.
- Note: With the delay of the Arbitrum launch, it is uncertain if the presale will stay as described above.
Daily Price Increase: +0.25 USDT per day, ensuring gradual price appreciation and fair value for late entrants.

Esteem’s Unique Minting and Smelting Mechanism

Esteem may be minted at will using any of the assets listed in the Stronghold, removing the need for a liquidity pool. The funds so used increase Stronghold deposits, providing the Wildlands with more borrowing capacity.
Esteem may be burned at will to receive Favor, with a conversion rate of 70% of Esteem’s current price in Favor value. This ensures that any reduction of Esteem does not impair the Stronghold's stability.
This system ensures seamless adjustment to demand while preventing protocol instability.

Last updated 19 days ago

Esteem’s Pricing Model

Initial Price: 10 USDT per Esteem, increasing to 15 USDT during presale, and 16 USDT at launch.
- Note: With the delay of the Arbitrum launch, it is uncertain if the presale will stay as described above.
Daily Price Increase: +0.25 USDT per day, ensuring gradual price appreciation and fair value for late entrants.

Esteem’s Unique Minting and Smelting Mechanism

Esteem may be minted at will using any of the assets listed in the Stronghold, removing the need for a liquidity pool. The funds so used increase Stronghold deposits, providing the Wildlands with more borrowing capacity.
Esteem may be burned at will to receive Favor, with a conversion rate of 70% of Esteem’s current price in Favor value. This ensures that any reduction of Esteem does not impair the Stronghold's stability.
This system ensures seamless adjustment to demand while preventing protocol instability.

Last updated 19 days ago