search

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