Dynamic Peg - FAQ


Dynamic Peg - A Visual Technical Reference (7)

A quick guide to the Dynamic Peg (7)

QT Wallet - A comprehensive guide (3)

This guide covers every feature within the BitBay QT wallet:

About the Dynamic Peg - FAQ category (1)

All of your Dynamic Peg related questions answered here. (If you don’t see your question listed, post it below. It will get answered ASAP.)

Can I convert my Reserve coins (BAYR) to Spendable (BAY)? (1)
Why are my wallet balances always changing? (1)
When and how can I spend the different liquidities of BAY? (1)
Why do Reserve and voluntarily frozen coins have value? Are there any benefits to holding them? (1)
How to import your BitBay Web Wallet private key into the peg-enabled QT wallet (3)
What is the voting algorithm, and how does it work? (1)
How much can the liquid supply and price of BAY fluctuate in one day? (1)
Why are my deposits and withdrawals taking so long on the exchange? (1)
How can investors benefit from BitBay’s Dynamic Peg? (1)
If nothing is backing the coin, what enforces its price? (1)
How do I participate in voting with the Dynamic Peg? (1)
Does the Dynamic Peg make BitBay a “stablecoin”? (1)
What determines the amount of BAY received for stake rewards? (1)
What advantage does BitBay’s Dynamic Peg have over traditional fiat currency management? (1)
How does the Dynamic Peg handle “black swan events” such as an extreme decline in demand, market shock, etc.? (1)
How often do votes change the supply liquidity? (1)
If I voluntarily freeze my coins for 1 or 4 months, will the earned stake rewards be frozen for the same amount of time? (1)
How to update the Client and/or QT wallet to the latest version (1)
What is the Dynamic Peg? (1)
What keeps users from voting to pump or dump the price overnight? (1)
Why does BitBay need a Dynamic Peg? Can you please explain it in layman’s terms? (1)
Are the reserve coins (BAYR) timelocked for a month between each trade on an exchange? Or does does the timelock only occur when moving tokens on/off the exchange? (1)
What will the price of BAY be in X amount of time with the peg? (1)
What will happen with the price in the short, mid, and long term? (1)
How long are coins frozen for, and what enforces this rule? (1)
Are all Dynamic Peg votes considered equal? (1)