Trading Mechanism

When the market price of CSM deviates from 1 USDT, the CosmBank Sales Contract activates, allowing users to interact directly with the protocol.

Available User Actions:

• Buying CSM: Users pay USDT, and the protocol mints and sells newly created CSM at a protocol-defined price.

• Selling CSM: Users return CSM to the protocol, receive USDT in exchange, and the received CSM is permanently burned.

This direct minting and redemption mechanism minimizes slippage, improves trading efficiency, and stabilizes market expectations.