dynamic pricing for tokens
A smart contract implementing a token with dynamic pricing that adjusts based on trading volume, ensuring an adaptive market-driven valuation.
Description
The Dynamic Pricing Token is a Solidity-based smart contract that introduces an innovative pricing mechanism where the cost of tokens fluctuates in response to the total volume traded. The contract maintains a base price for tokens and adjusts it dynamically, increasing the price as more tokens are purchased and decreasing it when tokens are sold. This adaptive pricing strategy creates a self-regulating market where supply and demand influence the token's value. Users can buy tokens using ETH, sell tokens back for ETH, and query the current price, while the contract owner retains the ability to deposit and withdraw ETH. The project ensures transparency, fairness, and an automated pricing model ideal for decentralized finance (DeFi) applications.
Progress During Hackathon
smart contract
Tech Stack
Fundraising Status
0