Urthr, Verthandi and Skuld have activated now that they have met the minimum price feeds of 7 to activate.
You're now able to issue new Norns and trade them on the Bitshares platform using any Bitshares exchange interface.
Cryptofresh links: Skuld, Verthandi & Urthr.
Comment below if you're interested in trading the Norns 👍
The Norns are three oscillating algorithm based assets on the BTS DEX. They are 120 degrees offset from one another and have an amplitude of 5.303030303% over a period of 28 days.
Urthr, Verthandi and Skuld are named after the Norns from Norse mythology in which they spin the threads of fate at the foot of Yggdrasil, the tree of the world.
Urthr, named after Urðr (fate/past) is the first phase offset ABA.
Verthandi, named after Verðandi (present) is the second phase offset ABA.
Skuld, named after Skuld (future/debt) is the third phase offset ABA.
1 + (5.303030303/100) = 1.053030303031 - (5.303030303/100) = 0.94696969697(((Peak/Trough)-1)/14)*100 = 0.8%To improve trustworthiness, the following unnecessary centralized asset-owner permissions have been permanently surrendered:
The following Norn price feed visualization was produced in the 'Simulator.xlsx' spreadsheet, it can be used to experiment with different variables and for producing future values.