Bonding Curve

Defining how $MYO appreciates over time

A Bonding Curve defines the relationship between the price and token supply.

The lower the reserve ratio in a bonding curve, the higher the effect of each buy on the value of tokens. In a lower bonding curve, at a ~25% reserve ratio, each redeemed token increases the value of other tokens, due to limited supply and growing demand.

There are many types of curves - we have chosen a quadratic bonding curve.

We have chosen to target a Reserve Ratio of 25% in order to best reward early backers and members of $MYO, who will be purchasing tokens at a lower initial price.

As demand for $MYO increases over time through the open markets and our own client services, and the planned $MYO distributions from the Community Treasury continue to decrease over time, the price of $MYO should increase exponentially.