Thread by @criptopaul

$TRU #TRUEBIT
Bonding Curve & Emission.
Let me explain:

A bonding curve is a mathematical curve that defines a relationship between price and token supply where currentPrice = tokenSupply²

This bonding curve says that price increases as the supply of the token increases. In the case of an exponential curve such as the one above, the growth rate accelerate as the number of tokens minted increases.

When a person has purchased the token, each subsequent buyer will have to pay a slightly higher price for each token, generating a potential profit for the earliest investors.

As more people find out about the project and buying continues, the value of each token gradually increases along the bonding curve

this is the bonding curve comes into play for $TRU :

$0.25 = 60M tokens = $15M cap
$0.50 = 120M tokens = $60M cap
$1 = 240M tokens = $120M cap
$2 = 480M tokens = $960M cap
$4 = 960M tokens = $3.84B cap

Not sure if there is a max supply.
But as tokens in the contract are minted with #Ethereum , the price goes up.
So minting will eventually slow down as it gets more expensive due to the price increasing to buy.

How to check OS Contract Price:

Go to link below to the contract for buying the $TRU via OS:

etherscan.io/address/0x764c…

And view the transaction hash of a confirmed transaction.

In the hash you can view the amount of eth sent and amount of $TRU received.

Eth ÷ $TRU = current price on bonding curv

You can then compare that to the uniswap tru/eth price to see if you are happy with the price before buying

$TRU
Bonding curve resources:

billyrennekamp.medium.com/batched-bondin…

blog.relevant.community/bonding-curves…

$TRU
Just 2 days ago before publishing this post, I was prepared to buy dip not to sell here😄