I'm looking at the price chart and I'm happy about that, but how does minex bank stabilize price, if there is such a volatility on the market?
They can change the interest rate in minexbank and put buy/sell orders in the exchange. For instance if there is a sell pressure, they can
increase the interest rates so that they push people to hold their coins instead of selling it. If this is not sufficient they can put buy orders on the
exchange. However, all this is innovation in the cryptocurrency world so they will try to apply the same mechanisms as the conventional banks but they
need some testing period to adjust the algorithms. They need to see how the market reacts on these interest rate changes and market interventions so
that is why we can see volatility from time to time but it will decrease over the time to reach the values stated in the white paper.
