Why and how does the price change?

By |2022-03-16T03:17:48+00:00||

The price of LD2.zero tokens is pegged at $50/ounce (that's $50/token).  Since the value of WAX changes constantly, we use a price oracle on the WAX blockchain. This allows us to give you the most up-to-the-minute WAX/USD exchange rate when you purchase your LD2.zero tokens.

Why is there a difference between the spot price of silver and LD2 price?

By |2018-11-01T04:35:54+00:00|, |

Connecting the spot price of silver (sold in 10000 oz lots on the trading floor) and the cost of finished silver coin is a common mistake. The spot price doesn’t include the actual landed cost of the silver, the premium the producers charges, the refinement/fabrication from the raw silver to the planchets, the minting into the coin, the storage/insurance of [...]

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