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HONEST.LTC2XLTC UIA


XBTSX.LTC to HONEST Litecoin HONEST.LTC2XLTC is an X * Y = K pool share token. The XBTS Gateway Litecoin to Honest Litecoin liquidity pool contract connects XBTSX.LTC to HONEST.LTC. 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 change

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Properties

Supply0.000391 HONEST.LTC2XLTC
Issued by

Details

Internal ID1.3.6475
Decimal points8 (0.00000001)
Market fee0%
Max supply10,000,000 HONEST.LTC2XLTC
Permissions
Charge market fee
Flags
Charge market fee

Fee Pool

Accumulated0 HONEST.LTC2XLTC
Pool Balance0 BTS
Exchange Rate1,000 BTS/HONEST.LTC2XLTC