Equilibrium 2017–08–28
Circulating US-NBT: 1,011,275.0233
Reserve percentage: (50 - 1,011,275.0233 / (2,000,000 / 25)) / 100 = 0.3736
Equilibrium reserve: 0.3736 * 1,011,275.0233 = 377,812
Current cryptoasset reserve (tier 1–4): 1,069,184
Minimum cryptoasset reserve (tier 1–4): 0.20 * 377,812 = 75,562
Daily move to equilibrium: 0.01 * (377,812 - 1,069,184) = -6,914
- Equilibrium is having $377,812 in the cryptoasset reserve.
- Currently, the cryptoasset reserve is valued at $1,069,184.
- NuShare buybacks for the amount $6,914 per day will begin.
Daily move to equilibrium is the amount in USD of how many NuShares will be sold or repurchased every day toward reserve equilibrium.