What is backing VOW tokens?
VOW Questions
VOW tokens are free-floating tokens on the exchanges, whose price is determined by market forces of supply and demand. They make no claim with respect to their price, nor are they intended to facilitate commercial transactions which would necessitate that they exhibit price stability.
As such, there is no central company, government, private party or asset which is required to make the promise of providing a backstop value to VOW tokens at any time.
Last modified 8mo ago