ACT
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Pricing Mechanism
The value of ACT (Acet) token is determined by the pricing mechanism of Decentralized Exchanges (DEXs) platforms that implement an Automated Market Maker (AMM) system. The price of the token is mathematically calculated by the amount that DEXs users exchange the token and available liquidity in the liquidity pool on DEXs. The liquidity pool always rebalances the value of the cryptocurrency pairs in the pool at a 50:50 ratio, no matter how much exchange volumes occur. Therefore, the value of the token on Decentralized Exchanges (DEXs) is always reflected with its asset- backed in the liquidity pool.
Example of Automated Market Maker: AMM
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