How will the price of FLOAT behave over time?

At the start, we will give FLOAT an arbitrary price. Initially, this will be $1.618, which is the Golden Ratio in Mathematics.

After launch, the FLOAT target price will move slowly and trail the cryptocurrency “economy,” represented in the system by the cryptocurrencies stored in the basket.

Here is a simulation which shows how the FLOAT target price would have behaved during 2020 given the ETH prices involved (here ETH price mostly trended up).