Hi, everyone, I'm Coco~
Binance TGE adopts a new model, which also attracts Coco, who loves to learn~
Coco is here to popularize science. I'll just say it, and you just listen to it, aiming for everyone to be happy 🤭🤭🤭
An unavoidable new term:
Bonding Curve, is it SM's thing? Literally, it means bonding curve. Ah, what are you talking about, bonding what, what curve?
Let me put it simply, the price is tied to the curve. Since it's a curve, it has highs and lows, ups and downs~
A Bonding Curve is a mathematical formula written on the chain: the more people who buy, the token price automatically rises along the curve; the more people who sell, the price falls along the curve.
The price changes with the number of transactions~
Here's a small chestnut 🌰 for you: Assume that every time a "Happy Coin" is sold, the next one increases in price by $0.01. The 1st coin is $0.01, and the 100th coin is $1. You pay $0.5 for the 50th coin.
It's all like this 👆, I don't need to say anymore, right?
Coco says in a nutshell: That is, the price is public, the liquidity is always there, buy early and it's cheaper, buy late and it's more expensive. Bye, you add oil⛽⛽⛽⛽🚀🚀🚀
Finally, Coco wishes you, buy early and win early, see you later~🤭🤭🤭🤭