What causes the PEG to rise and fall?
What causes the PEG to rise and fall?
Short answer here!
The PEG is 100% dependent on the buying and selling volume of EMP.
It’s as simple as that.
If there is more BUYING than selling of EMP - PEG RISES.
If there is more SELLING than buying of EMP - PEG FALLS.
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For the longevity of the protocol - we are encouraged NOT to sell EMP (as that will result in PEG falling)
Instead - there are many other use cases of what we can do with our EMP to still allow us to profit responsibly.