Honest BTC 2 XBTSX BTC HONEST.BTCXBTC is an X * Y = K pool share token. The XBTS Gateway BTC to Honest Bitcoin liquidity pool contract connects XBTSX.BTC to HONEST.BTC. In a provably fair Bitshares liquidity pool contract, you can deposit equal valued parts of tokens X and Y to obtain pool shares K. The value of K in terms of X and Y will depend on the relative amounts of X and Y deposited in the pool and their current market prices. Liquidity pools charge a fee, F, for each swap transaction conducted within the pool. These fees are a small percentage of the value of the swap and are collected by the pool to compensate holders of K. When a holder of pool shares K wants to exit the pool and redeem their K for X and Y, they will receive a value of K and their accumulated share of F. The ratio of X and Y received upon exiting K is controlled by market forces and the value of K in terms of X and Y will be reduced by the amount of these fees. The value of pool shares K may fluctuate over time due to changes in th