BitShares Forum

Main => General Discussion => Topic started by: Riverhead on February 13, 2016, 11:32:18 pm

Title: MKRCOIN Buyback & Exchange
Post by: Riverhead on February 13, 2016, 11:32:18 pm

MAKER will be releasing soon on Ethereum. Ahead of the release we'd like to purchase as much of the sharedrop back as we can either outright for BTS or in exchange for an Ethereum address in a memo (held as a IUO from Riverhead). Eventually there will be a Metaexchange gateway to exchange MKRCOIN for MAKER but it is unknown when that will actually happen as we're still in the early stages of release.

According to cryptofresh.com there are about 1290.75 MRCOINs currently not under control of a member of the MAKER project (either myself or Toast).

Option 1:
Option 2:Option 3:The order on the DEX will stay active until closed with a bot maintained price (thanks to @xeroc 's excellent Exchange API)
Title: Re: MKRCOIN Buyback & Exchange
Post by: xeroc on February 16, 2016, 03:00:20 pm
/me takes option 3

Even though I think the ethereum platform will not scale to allow markets with small spreads, I still see quite some demand in a SDR-pegged crypto asset.
Looking forward!