Post
Topic
Board Announcements (Altcoins)
Re: [ANN][QAU] QUANTUM PROJECT - Connecting markets
by
QUANTUM-Project
on 31/07/2017, 14:03:35 UTC
I was curious with the introduction of Bitcoin Cash, and the upcoming fork.

How will all the Bitcoin Cash tokens generated by the fork, be handled by the Quantum Project team?

We will claim Bitcoin Cash for all our Bitcoins in the liquidity pool and decide how to use them after Aug 1st. There was simply not enough time for us to make a decision. Basically, there are two ways:

1. we add BCH to our liquidity pool and use them to make markets on BCH trading pairs
2. we sell BCH for Bitcoin and use those bitcoins to buy back QAU tokens and increase our destruction

We will decide after we see what happens with the new currency, but we definitely will not dump Bitcoin Cash immediately after it starts trading.