DESCRIPTION

Objective

The purpose of the price oracle is to balance the $ STR payout earned through mining, along with the minting costs to the current dollar value of $ STR. This means that the following will happen if the dollar value increases by $ STR:

  • If the dollar value per $ STR increases, the mining power will cost less $ STR.

If the value decreases, the opposite will happen.

  • Oracle will dynamically adjust costs and rewards up or down based on changes in the $ STR dollar value.

Reason

The reason for using the oracle is that the game economy is balanced around a set dollar value.

Using the oracle, Stream Coin forms a correlation between active users and the dollar value of $ STR. The assumption is that when the price of $ STR increases, the demand for $ STR also increases through the release of new functions within the application. This means that entry costs and rewards can be balanced and sustained over extended periods of time, and will accurately reflect desired minting costs to allow new players the opportunity to mine even if the dollar value of $ increases. STR.

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