Goldex Token

Goldex Token is formed by the various asset funds algorithm used to prevent manipulative movements for the base price formation. The mechanism of these funds, which are created at certain rates, working with instant transaction prices in the world stock markets is the main factor in pricing. It acts as a breakwater against big fluctuations in price. The base price of each GLDX starts with the division of the commodity averages on which mutual funds are currently evaluated, at the rate that constitutes the starting price of 1.1 USD. The algorithm, which starts to work with 1.1 USD price, continues to increase the value until the funds reach 1:1 equality by dividing the initial division (88 ~ 1) with the volume of 200K (buy + sell) in order. In simple terms, with a reciprocal transaction volume of approximately 9M, it is possible for a goldex token to reach 96.8 USD with an increase of approximately 88 times in a very short time.