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What specifies the price of a jetton?

Where is the line of code that specifies the price of a jetton? Is the price of a jetton always what I choose or does it change with supply and demand?


This question was imported from Telegram Chat: https://t.me/tondev_eng/9849

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When added to a liquidity pool protocol, a jetton is defined by supply and demand. If you are looking for a way to sell a jetton at a single fixed price, then you're likely looking for an ICO smart contract:

https://github.com/ton-blockchain/token-contract/blob/main/ft/jetton-minter-ICO.fc#L56

Where the amount of TON sent with the transaction is multiplied by some value of jetton to mint to the sender.

int jetton_amount = buy_amount; ;; rate 1 jetton = 1 toncoin; multiply to price here

;; additional code

mint_tokens(sender_address, jetton_wallet_code, amount, master_msg);
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Posted one year ago
Edited one year ago
Jeremy
384 × 5 Administrator
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1 Answer
one year ago
one year ago
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