HOPE$ Price Control
LP Stabilization Mechanism
Dreamland will strictly control the supply of HOPE$ to maintain a price between $0.40 and $0.60.
In order to achieve this, when the price of HOPE$ is above $.55, Dreamland will begin minting HOPE$ and selling to LP in order to stabilize the price.
90% of player USDC spent this way goes directly to the HOPE$ Price Support Treasuries to support the price of HOPE$ through a buyback and burn mechanism (see βHOPE$ Treasury Funding).
Buybacks and burns will occur when the price of HOPE$ is between $0.40 and $0.45.
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