The value of the coin is allowed to fall max. 5% per day.
So 10x5 days ~ 50%
I'll explain now. The 5% price corridor, which is the target of the Minexbank, is the corridor of the maximum deviation of the coin's price from the settlement rate throughout the entire time. The calculated rate of the Minexcoin is always a line on the chart, constructed taking into account the increase in the price of the coin. This increase is 33.6% for 2017. This indicator will be recalculated annually and displays the annual average increase in the basket price of the top 100 currencies to the US dollar. The starting point of this chart will be the MNC price, which will be determined by the results of the ICO.
According to the formula, the price = the total number of BTCs collected, taking into account bonuses / 150,000 MNC. For example, if ICO collects 1000 BTC, and bonuses amount to 500 BTC, then together 1500 BTC. 1 500 BTC / 150 000MNC, we will receive a price of 0.01 BTC / MNC and at the current exchange rate = $ 12.3 / MNC.
However, through, for example, the month the estimated price of MNC should be 12,597 $ / MNC, in half a year (180 days) - $ 14,194 / MNC, and in a year - $ 16,43 / MNC. This is the calculated, supported by the bank Minexcoin.
The maximum allowable deviation of the course is 5%.
