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fashion jewelry wholesale Fil's price declines, this performance meets the official expectations and also meets Filecoin design goals. I have to say that this stability has a lot to do with the pledge mechanism of Filecoin, and it forms a closed -loop adjustment. In layman's terms, miners generally have the need to grow computing power, but the growth computing power needs to be pledged, and the main source of the current pledge coin is purchased in the secondary market.
So there will be: decrease in currency price → low computing power growth cost → buy more growth computing power → currency price increase;
coin price increases → high computing power growth costs Less → coin price decrease.