Hi All, I’m exploring the usage of the TFGRID and therefor the usage of TFT itself. However, I am confused about the value of TFT. Looking at the dashboards it says that currently 1 TFT = 0,02 USD ( 2 cents right?) or 1 USD = 50 TFT. When I go to GETTFT and I want to buy TFT I need to pay 0.21299888 USD for 1 TFT. That’s a factor 10 more expensive. Can anyone explain to me how this is possible or where I’m mistaken?
Thanks in advance.
When we had the pump a couple months ago the price on gettft did not adjust and people took advantage of it to make money. The price was then set high manually to turn it off.
Nelson explained it well.
Note that you can buy at market price on Stellar, BSC and Eth: https://manual.grid.tf/documentation/threefold_token/buy_sell_tft/buy_sell_tft.html
Thanks for the explanation. So gettft is not be used anymore? If so, why not disable it entirely ?
Good question. We might be able to set it to track market price and adjust accordingly but its not a current priority.