BitShares Forum
Main => General Discussion => Topic started by: silazpt on June 05, 2018, 11:43:01 am
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So I have been exploring all the possibilities on the BTS network and I came across one thing that I cannot understand Entirely.
When I open a certain asset I have a 'Fund Asset Fee Pool' button. My question is, why would I fund this Fee Pool? Would I gain some benefit from it? (maybe claiming some of the fees paid to place orders by the users)?
Thank you in advance!
Regards
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The asset fee pool allows that users can use your asset to pay transaction fees.
When someone pays with your asset for the fee what happens internally is:
The asset gets converted into BTS with the core exchange rate, and then the fee is paid directly with BTS. But the user does not see that.
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Thank you!
That means that there aren't any benefits for other users (other than the issuer of the asset) to add BTS to the fee pool, correct?
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Of course. The benefit to others is that they can use that asset now to pay for transaction fees
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The asset gets converted into BTS with the core exchange rate, and then the fee is paid directly with BTS. But the user does not see that.