Why did wld rise to more than $3?

wld will return 2,500 tokens on October 25

75 million tokens still need to be returned in December

WorldCoin Market Maker Analysis:

The five market makers of Worldcoin allocate different amounts of tokens. A total of five market makers allocated 100 million.

1) Wintermute is 28 million.

2) Amber Group is 24 million.

3) GSR ​​is 12 million.

4) Auros Global is 12 million.

5) There are 22 million 0xab43 and 0xD4c9. 0x31cb is 2 million.

If the tokens sold by the market maker on the market are not bought back to the project party by October 23, the single currency price that needs to be paid to the WLD project party is: 2 US dollars + (0.04 X number of purchases/million).

Total: If we only count the total price of 100 million units, WorldCoin actually had a hard cap of 2.8 when it was first listed two months ago. That is, if the price is higher than 2.8, market makers tend to sell tokens, and then just give money to the WLD project directly, which is pure profit.

Simply put, as long as the market maker sells the part above the hard cap, it is a pure profit.

This hard cap is calculated based on the total price. In fact, the number of tokens received by each market maker is slightly different.

WinterMute is between 3-4.12.

Amber Group is between 3-3.96.

GSR is between 3-3.28.

Auros is between 3.48.

Another company can just follow 3-3.12 #world