USTX: a token designed to grow
The blockchain technology allows the creation of tokens or coins to store value, transfer value and be an investment. Since 2009, the year of the launch of Bitcoins, digital currencies have proven to be a functional alternatives to fiat, with a great potential for value storage and investment.
The trustless architecture of the blockchain combined with the smart contract functionality integrated in the latest generation blockchains allow for innovative ways to handle liquidity provision and price behavior. Automated market makers have arisen as a true decentralized way to exchange coins and tokens. Typically AMMs work in two ways: the constant price model and constant value model. The constant price model is used for stablecoins, where tokens are constantly minted or burned to guarantee a 1:1 pegging to a reserve of value (typically a fiat currency, but it can be other assets). The constant value model is used for swap services like Uniswap, Justswap and others where the product of the pair reserve is kept constant and the price is automatically determined by enforcing the constant product relation within the smart contract.