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Rune
@RuneCrypto_
earning yield onchain / @anyswapbot
Joined August 2022
2.9K Following    151.1K Followers
An analysis from @BinanceAcademy discusses the pricing of $SATO “The price difference between minting and burn is a smart correction design” "In the early stages, the curve primarily handles token issuance, and after the external market liquidity matures, it transitions to being the 'last buyer'". That is why we see the "burn price," which is the value of underlying assets of the token” “Therefore, sato has backup assets to support the price. This is sort of an innovation in asset issuance.”
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