Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Metronome, an autonomous cryptocurrency with predictable supply
by
jgarzik
on 24/11/2017, 00:34:55 UTC
How will BTC, ETC, or QTUM investments work with the changer contract?  Will they be converted to eth after the raise?

Metronome will be deployed to EVM-compatible blockchains.

Thus, Metronome on ETH will have ETH/MTN changer, and users participate in the auctions by sending ETH.  The Proceeds contract stores ETH.  Metronome on ETC will have ETC/MTN changer, and users participate in the auctions by sending ETC.  The Proceeds contract stores ETC.

RSK, presumably pegged to BTC, would be a way to send "BTC" to Metronome, and the Proceeds contract collects RSK (BTC).

So, no conversion.  The blockchain native currency is the one used in the auctions for a given chain.