Price Supporter
The PriceSupporter module in Moome's smart contract acts like a daily-adjusted stabilizer for Moome's price, keeping it aligned with market trends. If the market is doing well and Moome's pool prices were strong the previous day, the minting process functions normally, creating new Moome tokens. However, if the market is weak or bearish, no new tokens are minted. Instead, the system focuses on using the buyback pool to fulfill demand, which helps support the token's price by limiting supply. This ensures Moome stays more resilient during market fluctuations.
In bullish markets, the system allows new tokens to be minted to meet increased demand. In bearish markets, it tightens supply by pausing minting, reducing the risk of oversaturation.
By redirecting demand to the buyback pool during downturns, the module helps maintain a baseline price. This creates a psychological safety net for holders, increasing trust in the token's value.
Last updated