Price decrease mint

[CoftheTMP]

Tuesday evening, Prices 230. Thresholds changed to 1 and 2 days. So on Friday, the next mint should go up at 220

[CoftheTMP]

Ok! I've minted a batch after 25 hours and its come out the same price... This is exactly what we would hope for.

Still need to wait 24 hours longer and see if we can get a price decrease
1, I'll try minting another batch without a purchase
2, I'll try purchasing a batch, knowing the sale took over 2 days, and then mint a batch
3, I'll then wait another 25 hours and mint another batch.

This will complete this test.

[CoftheTMP]

Ok, I've minted a new batch without buying any. It has come out at 210. This is the first lower mint!! Wooo!
Now I expected it to be 220, not 210, so I'm curious what is happening. It seems like it might be decreasing by the Price Adjustmet Delta every single day after the threshold, so accumulating decrease. So I'm going to wait another day. And mint another batch WITHOUT buying any.

[CoftheTMP]

Will the next mint be 210, or 200?? I'll test tomorrow

[CoftheTMP]

Ok I've minted another batch it has come out at 210 again. Which is good, because once one is minted, you don't want it to decrease again for the next mint. I suppose I need to wait again 2 days?

[orpheuslummis]

The price is indeed decreasing by the Price Adjustment Delta (10 USDC) for each day after the threshold (4 days), which is why you're seeing the price drop to 210 instead of 220.

Here's how it works:

1. Starting price was 230 USDC
2. After 4 days (threshold), nothing happens
3. 3. On day 5 (1 day over threshold): -10 USDC
4. On day 6 (2 days over threshold): -10 USDC more
5. So total decrease: -20 USDC, bringing it to 210 USDC

If you mint another batch tomorrow without any purchases, it will decrease by another 10 USDC (to 200 USDC), and so on until it hits the price floor (40 USDC).

If you'd like to mitigate the price decrease rate, you can use the existing admin functions to adjust parameters like priceAdjustDelta or dayDecreaseThreshold.

Given the development budget the code can't be adjusted (by me) further unless critical bug is found.

[CoftheTMP]

So new mint today, came out at £210. We thought it might be £200, maybe if I wait until a little later I will be able to mint at £200.

[CoftheTMP]

Ok, no problem so just to check.
If the purchase time is Greater than the threshold, the new mint would just be the Price Adjustment Delta lower?

Or
does is mint for 10 higher for every day before the threshold and
10 lower for every day after the decrease threshold?

Or
Does it only mint 10 higher if its below the threshold,
and
10 less multiplied by the number of days after the threshold that it is minted?

[CoftheTMP]

Ok so the new mint batch is $200.

[CoftheTMP]

Batch 9 200$