Inspiration

We took inspiration from Ampleforth and similar projects, where tokens find algorithmic stability from external signals, and through control of global supply, create a game theoretic outcome for the price.

What it does

Number Always Bigger (NAB) - targets its highest low, as a signal for the price level. The intention is to create arbitrage-like opportunities for users to take advantage of, stabilizing the price.

How we built it

We have a staking contract (Completed) that manages the token release on staking, and a policy manager (WIP). However, the minted tokens are locked until Feb 2025, giving us time to gauge interest, and users to also mint tokens before allowing for trades.

Challenges we ran into

Since AO is in testnet, there were some issues we got, getting the cron to run. See here Hopefully we can resolve this soon.

Accomplishments that we're proud of

We got a kick ass website, thanks to feedback from users, friends and also guidance from the permaweb team

What we learned

Feedback, Feedback, Feedback - is the only way to get market fit

What's next for Number Always Bigger

  1. Resolve the cron issue to allow for minting
  2. Promote the hell out of it
  3. Release the Monetary Policy Contract (see the whitepaper)

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