Wednesday, June 29, 2022
Advertisement
  • Home
  • Crypto
    • Altcoin
    • Bitcoin Cash
    • Etherium
  • Wallets
    • Bitcoin Wallets
    • Dash Wallets
    • Ethereum Wallets
    • Litecoin Wallets
    • Ripple Wallets
    • Tron Wallets
  • GUIDES
    • Altcoin Guide
    • Bitcoin Guide
  • DEFI
  • About Us
  • Contact Us
No Result
View All Result
No Result
View All Result
Home Cryptos

June 5: Spring halving will set prices of Seasonal Tokens in motion

Zayra Ortz by Zayra Ortz
June 16, 2022
in Cryptos
0
587
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter

In just a few days, the Seasonal Tokens project will enter a new phase when the rate of production of Spring tokens is cut in half. Spring will go from being produced at the fastest rate of the four tokens, to being produced at the slowest rate. The cost of producing Spring tokens through proof-of-work mining will double. Spring tokens will go out of season and then Summer tokens will be produced at the fastest rate for the next nine months.

Spring tokens have been cheap and plentiful compared to the other tokens since mining started nine months ago. The era of cheap Spring tokens is coming to an end. For the next nine months, miners will be producing fewer Spring tokens every day than any of the others. The abundance of Spring tokens will disappear over time, and the price of Spring will eventually need to rise in comparison to the other tokens.

You might also like

Kismet Token: A Cryptocurrency That Leverages The Power Of Destiny and Fate

Kismet Token: A Cryptocurrency That Leverages The Power Of Destiny and Fate

The Spring halving will activate, for the first time, the mechanism that Seasonal Tokens uses to make the prices of the tokens oscillate around one another over the long term. Until now, the prices of the tokens relative to each other have been stable. They’ve been close to the ratio 5:6:7:8 for Spring, Summer, Autumn and Winter, reflecting the relative costs of production.

The halving will set the prices in motion for the first time. Later this year, the price of Spring will start to rise in comparison to the others. Investors will trade other tokens for Spring tokens, putting more upward pressure on the price. The costs of production of the four tokens will have a ratio of 10:6:7:8, and the prices will trend towards this ratio over the long term, eventually making Spring the most expensive of the four tokens.

Roughly nine months after Spring’s price starts to rise, the same will happen with Summer. Investors will trade their other tokens for Summer, knowing that it will become the most expensive token next.

The system was designed to let investors do this cyclically. By always trading the more expensive tokens for a greater number of cheaper tokens, investors can increase the number of tokens they own with every trade. The four prices oscillate around one another, so the tokens are equally valuable in the long term despite having different prices today.

The system allows investments to grow in value, even if the average price of the four tokens doesn’t rise over time. The tokens that investors accumulate when they trade are produced by mining; trading the tokens in this cycle lets investors receive a fraction of the real economic value produced by mining.

Investors actively participate in the economy and provide value to miners by reallocating capital between the tokens. In exchange for this, they get a fraction of the new tokens. Those who invest in Seasonal Tokens aren’t just passive observers watching the price and hoping it will increase — they’re active participants, and they can earn a well-deserved profit by shifting their investments from token to token as the mining costs change.

This gives the tokens an investment value that doesn’t rely on rising prices — although they may rise, they won’t always do so. However, the tokens remain a good investment because they make it possible to continually add value whether the dollar price is high or low

Learn more at SeasonalTokens.org.

Share via:

  • Facebook
  • Twitter
  • LinkedIn
  • More
Previous Post

Coinhub AI quantitative trading leads the new wave of crypto, with user data up over 200% in Q2

Next Post

8DAO: Asia’s first Social DAO, using social capital to build a Web3 ecosystem

Zayra Ortz

Zayra Ortz

Zayra seasoned writer with niche expertise in White papers, AI & Technical writing, Crypto, Blockchain, and Machine learning.

Related Posts

Blockchain

by Zayra Ortz
December 4, 2021
Kismet Token: A Cryptocurrency That Leverages The Power Of Destiny and Fate
Cryptos

Kismet Token: A Cryptocurrency That Leverages The Power Of Destiny and Fate

by Nabeela Webster
August 19, 2021
kismat
Cryptos

Kismet Token: A Cryptocurrency That Leverages The Power Of Destiny and Fate

by Zayra Ortz
August 28, 2021
CoinSwap Space Continued Growth Sees New TRX/BNB Farming Pair Added With Massive Initial APY
Cryptos

CoinSwap Space Continued Growth Sees New TRX/BNB Farming Pair Added With Massive Initial APY

by Nabeela Webster
June 8, 2021
Next Post
8DAO: Asia’s first Social DAO, using social capital to build a Web3 ecosystem

8DAO: Asia's first Social DAO, using social capital to build a Web3 ecosystem

  • All
  • Crypto
  • Cryptocurrency
  • Mining
Up to 20x  leverage and trigger orders: WhiteBIT cryptocurrency exchange has updated the terms of margin trading
Press Release

Up to 20x leverage and trigger orders: WhiteBIT cryptocurrency exchange has updated the terms of margin trading

by Zayra Ortz
June 28, 2022
0

WhiteBIT cryptocurrency exchange has updated the terms of margin trading. The updated leverage up to 20x is one of the...

Read more
Shima Capital Leading $6 Million Seed Round For MECH.COM

Shima Capital Leading $6 Million Seed Round For MECH.COM

June 28, 2022
Introducing Lords of The Lands – A Futuristic Metaverse Space for NFT Rentals

Introducing Lords of The Lands – A Futuristic Metaverse Space for NFT Rentals

June 24, 2022
8DAO: Asia’s first Social DAO, using social capital to build a Web3 ecosystem

8DAO: Asia’s first Social DAO, using social capital to build a Web3 ecosystem

June 18, 2022

June 16, 2022
  • CoinSwap Space first DEX to provide crypto purchases directly onto any non-custodial wallet via Ramp Network

    CoinSwap Space first DEX to provide crypto purchases directly onto any non-custodial wallet via Ramp Network

    3761 shares
    Share 1504 Tweet 940
  • Altseason Pushed Further Back As Top Altcoins Fall Under Bitcoin’s Spell ⋆ ZyCrypto

    3726 shares
    Share 1490 Tweet 932
  • Filecoin and Polygon Deploy Interoperable Bridge To Expedite Web 3 Development

    3533 shares
    Share 1413 Tweet 883
  • The Cost Of Transacting With Bitcoin Has Dropped By Almost 90% Within A Month ⋆ ZyCrypto

    3310 shares
    Share 1324 Tweet 828
  • CoinSwap Opens Up New DeFi Opportunities With Their Certik Approved DEX

    3022 shares
    Share 1209 Tweet 756

About

The cryptoate site is a comprehensive resource for everything related to cryptocurrency and blockchain. We aim to be a one-stop solution for all your crypto and blockchain news and events.

Email: [email protected]

Recent Posts

  • Up to 20x leverage and trigger orders: WhiteBIT cryptocurrency exchange has updated the terms of margin trading
  • Shima Capital Leading $6 Million Seed Round For MECH.COM
  • Introducing Lords of The Lands – A Futuristic Metaverse Space for NFT Rentals

Catagories

  • Mining
  • Crypto
  • Press Release
  • Price Analysis
  • Cryptocurrency
  • Trading
  • Cryptocurrencies
  • Blockchain

Tags

Bitmain blockchain bsc crypto cryptocurrency defi doge Meme Token mining Nebulaplan nft poker Quarkhash
  • About Us
  • Contact Us

Associated with Blockchain Press Media Network.

No Result
View All Result
  • Home
  • Crypto
    • Altcoin
    • Bitcoin Cash
    • Etherium
  • Wallets
    • Bitcoin Wallets
    • Dash Wallets
    • Ethereum Wallets
    • Litecoin Wallets
    • Ripple Wallets
    • Tron Wallets
  • GUIDES
    • Altcoin Guide
    • Bitcoin Guide
  • DEFI
  • About Us
  • Contact Us

Associated with Blockchain Press Media Network.

  • Facebook
  • Twitter
  • LinkedIn
  • More Networks
Share via
Facebook
Twitter
LinkedIn
Mix
Email
Print
Copy Link
Powered by Social Snap
Copy link
CopyCopied
Powered by Social Snap