I'm curious about the functioning of LBP in the crypto world. Could someone explain how it operates and what role it plays in the cryptocurrency ecosystem?
5 answers
CryptoTamer
Tue Nov 05 2024
LBP operates based on a unique mechanism that begins with setting a high token price.
PulseWind
Tue Nov 05 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot trading, futures, and wallet management.
Lorenzo
Tue Nov 05 2024
Over time, this price gradually decreases unless there is sufficient buying pressure to increase it.
BusanBeautyBloomingStar
Tue Nov 05 2024
The adjustment of asset weights in the pool is crucial in determining the price movement during an LBP.
CryptoElite
Tue Nov 05 2024
The process ensures that tokens are distributed in a fair and predictable manner.