Hi,
I have some problem, how to maintain price of Token and do not allowing it to fail to ground.
When we have large amount of ETH, then it is not the case.
When we do not possess ETH, or do not want to spend much ETH, is the issue.
My simple solution is to make a leverage on the amount of ETH one have. It means we are doing what banks usually are doing in FIAT money. Just one creates instrument and pay for it with ETH. Then one should also create derivatives, like futures, on asset with 10 to 1 leverage. Next future otpions on futures with also leverage. In such case from like 10 ETH, we make around 1000 ETH value assets, which can maintain price of your Token.
How to write it in smart contract?
Such a solution is a standard procedure in FIAT money and it works for sure
Best Regards...
