🧵Nerding out on $DIEM valuation... $VVV and $DIEM form what I believe is a novel token mechanism: a range-bound asset (DIEM) minted from and melting back into an underlying non-range-bound token (VVV) $VVV's price can go anywhere, but $DIEM's should not; it should exist within a "range". Why is that, and what is this range? Background: 1/14