Why are my wallet balances always changing?


#1

Have no fear, this is exactly what the Dynamic Peg is design to do.

The core function of this system is to split BitBay’s total supply into two (2) different tradeable assets:

Spendable (BAY) and Reserve (BAYR).

The ratio between these two assets is constantly in flux, due to voting of stakers on the BitBay blockchain.

When the voting consensus is “deflate”, the total supply of Liquid BAY decreases and the total supply of Reserve BAYR increases.

When the voting consensus “inflate” the supply of Liquid BAY increases and the total supply of BAYR decreases.

This is the core concept of how the Dynamic Peg works. As the ratio of the total changes, it is reflected in each and every user’s wallet.

Find more information here:

Intro to the Dynamic Peg

What is the Dynamic Peg?

Dynamic Peg FAQ

Questions, comments, concerns? Please post them in the comments below!