The price to mint GST will always adhere to the Green Standard monetary system calculation as reiterated below:

The Green Standard example calculation below:

Total Land Equity $100m ÷ Total Number of Tokens 100m = Value Per Token $1

GST then enters the open market where the price per token can fluctuate subject to market forces – the Treasury can only guarantee the minting price, which will always reflect the actual value per token. 

• Actual Token Value: Green Standard calculation
• Token Minting Price: Green Standard calculation
• Token Market Price: Defined by the market

Regarding the minting price we have a safeguard in place to avoid the potential issue of minting-price discrepancies between the beginning and end of any particular project raise. To ensure this is avoided, new tokens will not be minted for the duration of any active raise, nor will we place audits of already held land on-chain during this time. Therefore the price per token will be set from the onset and throughout the duration of any particular raise.

Below we have included a simplified view of the process when new appraisals go on-chain and how that impacts the actual value per token and therefore the cost for minting new tokens.

Every time an appraisal is placed on-chain our GST value calculator will be updated live on gstdao.com to ensure there is full transparency for our members and anyone else interested.