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RE: Algorithm Based Assets on the Bitshares DEX!

in #bitshares7 years ago

So can I ask why you wouldn't modulate the wave further

The amplitude is already +-50% rising to $1.50 and decreasing to $0.50 so that's quite a large predictable modulation, however the reason it isn't larger is down to stability. You could increase the amplitude if you were to reduce the frequency. The minimal Haskell script enables you to enter any frequency/amplitude/phase for researching potential alternative HERTZ tokens.

in the case of spendable currencies use an algo to smooth the price action and try to maintain a certain value?

We already have price-stable market pegged assets such as bitUSD, bitCNY, bitEUR on the BTS DEX which do not fluctuate heavily from their intended price feed.

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I guess the experimentalist in me doesn't mind +/- 80% 90% 100% etc. so I was just curious if 50% was arbitrary. I might play with your script, thank you for sharing it!