19 lines
1.4 KiB
Markdown
19 lines
1.4 KiB
Markdown
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# DAO based TFT Liquidity Pool (Q1 2023)
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There are +-40m USD worth TFT, from which a small minority is liquid, there are billions of TFT required (see [litepaper](http://litepaper.threefold.me) and scarcity simulator below) this will lead to upward price pressure. We believe in organic growth of our token.
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The liquidity on the exchanges (even on Algorand or Stellar) is low, this leads to inability for people who want to buy a lot of TFT, we don’t feel comfortable using commercial liquidity providers, we would rather work with our community and have our own community funded decentralized liquidity pool.
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We are in the process of establishing a community based liquidity pool (additional to the DEFI pool of today):
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* This liquidity pool is funded by USDC and TFT (and maybe a gold token).
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* The min price the TFT will sell for from this pool is DAO defined price e.g. 0.15 USD
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* This is a DAO based liquidity pool, the TFT price and the spread 33% at start is voted on a weekly basis.
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* TFT to USDC will be 33% lower price compared to USDC/PAXG to TFT.
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This 33% margin is fully added to the liquidity pool, this means the liquidity pool constantly grows in value (this is the margin for the liquidity pool providers), this is very unique.
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**DISCLAIMER: this is no investment advice, we do not promise any financial benefit
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and we do ****not**** suggest or promise any future TFT price.**
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