Post
Topic
Board Announcements (Altcoins)
Re: VERITASEUM DISCUSSION THREAD
by
azmojo
on 30/01/2018, 21:47:35 UTC
how many veri tokens do we need to make it? just need 1 to get access to Veritaseum exchange? Or do we need 3? Would like some help on that. Thanks. 
A page or so ago I reviewed the VeADIR. The price to buy VEADIR exposure is currently set at 1%. That is, .01 VERI for 1 ETH of exposure. I thought I heard Reggie say it was changing to 5%, so .05 VERI to buy 1 ETH of VEADIR exposure.

At $400 VERI and $1050 ETH, the new price would amount to about a 2% fee, or 0.4% if left at 1%. I would expect them to adjust the price to keep the fee at 1-2% as prices change.