3 ms·

I made an edit because the system wouldn't let me reply to your comment for 20 minutes.

• renewiltord 6y ago
  Thank you. I will just continue the conversation here so that maybe you will respond at a future time. So if I understand this right, the gist of it is that any niche token is actually always tradeable against any other token, and the original token issuer cannot control the situation?
  • vmception 6y ago
    That’s correct. A lot of the year long boom in crypto has come from improvements of this technology. Basically, the mere existence of it does not provide incentive for anyone but the issuer to create a liquidity pool. Different organizations started creating “yield farms” that pay out in an additional tertiary token to people that add to liquidity pools. This has really sparked the rise of it, as well as even more innovations/new services.