Author Topic: Questions about pool balance and core exchange rate of Smartcoin  (Read 1411 times)

0 Members and 1 Guest are viewing this topic.

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12922
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
http://docs.bitshares.org/user/assets-faq.html?highlight=fee%20pool#fee-pool

A. anyone can, but the committee usually reimburses
B. by witnesses
C. as often as feeds are updated .. all the time

Offline gn1

  • Full Member
  • ***
  • Posts: 129
    • View Profile
Hi,
Please see below URL to view pool balance and core exchange rate of bitUSD.
https://wallet.bitshares.org/#/asset/USD

Can you help me understand:
A. who is funding the pool balance of a smartcoin, such as bitUSD?
B. How is the core exchange rate being determined?
C. How often is the core exchange rate being updated?
I'm a BitShares enthusiast in Japan, spreading BitShares daily to the Japanese people through https://genxnotes.com. Help us grow bitJPY together, so that bitUSD/bitJPY market pair will become the most popular market worldwide! Imagine what kind of world it will become when we execute this.