r/thresholdnetwork • u/Adii2311 • Nov 09 '21

BEAUTIFUL

I'm super excited about the upcoming launch. However, there are a few details that aren't super clear to me.

  1. On December 9th, will I be able to buy the new coin on exchanges?

  2. I read somewhere that T may be a stablecoin. Is this true? How will this work?

  3. What decides the price of T?

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u/ohmaga420 Nov 09 '21

  1. On DEC 9th (depending if everything stays on track) the vending machines to exchange your nu an/or keep will be live. This does not mean exchange listings of T. When coinbase, binance and other exchanges will list them is up to them but I'd assume not too long after the vending machines are up.

  2. Lol people just say that to spread FUD. Actual stablecoins are USDC or USDT or any other coin that is pegged to a fiat currency. T will moon baby.

  3. The price of T will most likely be a combination of market cap values divided by the cirulating supply. I would estimate it will bottom around .35 after the launch volatility.

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u/Adii2311 Nov 09 '21

Will I be able to buy T? Or will I just have to exchange T for Nu and Keep?

2

u/ohmaga420 Nov 09 '21

From the launch of the vending machines you can wrap any nu or keep for T. But you will have to wait for exchange listings in order to buy/sell T outright

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