The decrease in the value of LODE tokens is attributed to a change in the valuation method. The tokens were initially valued based on a projected bonded curve model, which increased in value as each tranche sold out. The price was also tied to the fluctuating price of Silver.

LODE realized in 2020 that it had to move the valuation of the LODE Token to a Live Market model in order to find true price discovery as well as liquidity. Thus began the search for a Decentralized Exchange in the emerging Blockchain sphere of Decentralized Finance.

LODE has since transitioned to a market-based valuation, gaining our initial experience on the Trader Joe platform. This allowed the price to be determined by supply and demand, finding a floor price of approximately .15 cents, preparing LODE to now be listed on the WEEX Trading platform with over 5M users generating over $2B per day.

The expectation is that as the token gains more exposure, its market pricing may increase.