BitShares Forum
Main => General Discussion => Topic started by: monsterer on April 09, 2015, 03:25:34 pm
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We are pleased to announce our partnership with bitsapphire for the moonstone fundraiser is now live!
https://metaexchange.info/markets/MOONFUND/BTC
The moonstone team are running a metaexchange node on their own hardware, which has been set up to issue/burn the MOONFUND UIA as buy and sell orders come in.
This is metaexchange's first fundraiser partnership and we hope to be part of many more. There are a number of advantages to using metaexchange to handle your own fundraiser:
* You hold your funds at all times directly on your own server/wallets
* BTC injected into bitshares increases the value of the ecosystem in general
* No need to slog away coding your own solution for accepting bitcoin and issuing UIAs.
Shoot me a PM if you'd like to talk more about running your own fundraiser :)
Cheers, Paul.
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You guys rock +5% +5% +5%
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How much effort would it be to join some of the X/BTC markets with the MOONFUND/BTC market to get an MOONFUND/X market on metaexchange? It would be nice to at the very least join BTS/BTC with MOONFUND/BTC to get MOONFUND/BTS (even if it means higher spreads) so that someone can donate to the Moonstone fundraiser without needing to deal with a Bitcoin wallet.
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How much effort would it be to join some of the X/BTC markets with the MOONFUND/BTC market to get an MOONFUND/X market on metaexchange? It would be nice to at the very least join BTS/BTC with MOONFUND/BTC to get MOONFUND/BTS (even if it means higher spreads) so that someone can donate to the Moonstone fundraiser without needing to deal with a Bitcoin wallet.
I imagined this would just happen organically on the bitshares exchange when the fundraiser ends as people sell their MOONFUND for a premium.
As for doing this right now... lets see, there might be a way... If you generate a BTC deposit address in the buy MOONFUND/BTC market and then enter that address in then sell BTS/BTC market you should have a two leg exchange from BTS into MOONFUND. Selling BTS->BTC->MOONFUND!
Note that I haven't tried this, so please test it with small amounts :)
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The folks at Metaexchange are super easy to work with. I endorse them 100% for anyone looking to do an integration.
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Yep, the Metaexchange guys are awesome. Great to work with you!
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As for doing this right now... lets see, there might be a way... If you generate a BTC deposit address in the buy MOONFUND/BTC market and then enter that address in then sell BTS/BTC market you should have a two leg exchange from BTS into MOONFUND. Selling BTS->BTC->MOONFUND!
Oh good point. I assume there is a proper log so that in case something goes wrong and BTC needs to be returned it is possible to prove that the intermediate BTC address that sent the BTC is really the one generated on behalf of your BTS sell request?
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Oh good point. I assume there is a proper log so that in case something goes wrong and BTC needs to be returned it is possible to prove that the intermediate BTC address that sent the BTC is really the one generated on behalf of your BTS sell request?
No, not at the moment - this is basically a happy accident if it works. Where it could go wrong is in leg 2, if a refund is needed, the BTC will get sent back to the metaexchange deposit address. To support these synthetic markets properly will require a bit of work from me.
edit: in fact, I recommend no one try this for the above reason.