Monster Slayer ShareMSS
$44.5
Market/Exchange
MSS Price Prediction and Price Movement
MSS has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that MSS's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if MSS is backed by a solid development team and whether MSS's technology has any potential to grow.
Please note that this analysis is purely base on MSS's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Monster Slayer Share Price Chart
About Monster Slayer Share
MonsterSlayerFinance is an algorithmic synthetics platform: infinite-scalable, long-term sustainable, and decentralized. Our approach to stabilization – implementing best practice of seigniorage combined with a special stabilization fund to limit the effect of post-farming dumping.
Monster Slayer Cash tokens are designed to be used as a medium of exchange. The built-in stability mechanism in the protocol deterministically expands and contracts the MSC supply to maintain MSC's peg to 1 $BUSD token (which trades close to a single United States Dollar).
During epoch expansions (when TWAP - the time-weighted average price of MSC is above the 1 $BUSD peg), the protocol mints MSC and distributes it proportionally to all Monster Slayer Share (MSS) holders who have staked their tokens inside the boardroom. When MSC's TWAP falls below 1 $BUSD peg, Monster Slayer Bond (MSB) gets issued and can be bought with MSC at its prevailing price.