(copied from GitHub)
NGDP was $27,938.8 billion, per Table 3 (p. 10), line 1, column 6 of the advance GDP report, which came out Thursday at 1330Z. Per CoinGecko XCHUSD was approximately $29.64 as of that time. Token price calculations are as follows:
- 2007Q4 NGDP = $14715 billion (base)
- 2023Q3 NGDP = $27938.8 billion (current)
- Inflation factor = 1.05/yr
- N yrs = 16
- $/NGDPLT = (27938.8/14715)/(1.05^16) = $0.8698
- $/INGDP = 2-0.8698 = 1.1302
- $/XCH = 29.64
- XCH/NGDPLT = 0.8698/29.64 = 0.02935
- XCH/INGDP = 1.1302/29.64 = 0.03813
I have done transactions on TibetSwap this morning to adjust the prices to target. Peg offers to defend these targets should be in later day. Peg offers will remain up for about a week after being posted.
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