Okay, let's figure out the value of 1 LP KUJI-ATOM.
We see what it sells for on the LP KUJI-ATOM/KUJI board.
Is that ... a reasonable price?
Let's see.
Where do we go to get an impartial valuation of an LP KUJI-ATOM token?
BOW.
Go to the LP and mint 1 token, that will take a certain amount of $KUJI and $ATOM. Multiply the $KUJI amount by 2 to find 1 LP KUJI-ATOM / $KUJI valuation.
So, knowing the prices of the LP KUJI-ATOM tokens, I mint a bunch of them
then put them up on the LP KUJI-ATOM/KUJI order book and the newly active LP KUJI-ATOM/ATOM order book.
What happens when my LP tokens sell?
Well, that's easy: I now I have $KUJI or $ATOM, depending on which board my tokens sold.
What happens when I buy LP tokens?
3 possibilities:
- resell them on whichever board.
- stake them on BOW
- refract the LP tokens to KUJI and ATOM
And since all three token-types: $KUJI, $ATOM, and LP KUJI-ATOM, can be bought and sold on FIN marketplace, in multiple order books, the trading possibilities now, ...the interplay of these three tokens and their valuations, is dizzying.
As mentioned: this is an arbiteur's dream
No comments:
Post a Comment