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HONEST.M2USD UIA


M2 Honest Dollar HONEST.M2USD is an X * Y = K pool share token. The Honest Money to Honest Dollar liquidity pool contract connects HONEST.MONEY to HONEST.USD 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 the ext

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Properties

Supply2,295,269 HONEST.M2USD
Issued by

Details

Internal ID1.3.6359
Decimal points4 (0.0001)
Market fee0%
Max supply100,000,000,000 HONEST.M2USD
Permissions
Charge market fee
Flags
Charge market fee

Fee Pool

Accumulated0 HONEST.M2USD
Pool Balance0 BTS
Exchange Rate0.1 BTS/HONEST.M2USD