Post
Topic
Board Tokens (Altcoins)
Re: [ANN]|DUSK Network| Privacy-oriented chain specifically for Digital Securities!
by
Cauchy
on 14/07/2019, 20:45:48 UTC

OK. I can understand that there are tokens in two different Chains now, and that this will bring greater popularity and access to larger exchanges in a timely manner, but when the native token of the DUSK network comes up, BEP2 and ERC will merge into one? How will this be possible if your prices fluctuate in opposite directions of value?

All tokens will be replaced with coins. The winners will be those buyers who will buy at a lower price. For example, they will buy ERC20 tokens if they are cheaper. Or they will buy BEP-2 if they are cheaper. Prices will stabilize in any case. So after all, the price of the same coin is different in different exchanges. That's not a problem either.

I'm still confused ... everyone is going to buy the tokens at the lowest price. If some of the ERC20 or BEP-2 tokens will have a higher price and will not sell, what happens to them? they will definitely must have a price close to each other. How will tokens will be substituted with coins if the ERC20 will be at diferent price compare to BEP-2 , or vice versa ?  must be equalized in some way!

Prices will in theory be balanced by arbitragers. Have a look here for explanation; https://www.investopedia.com/terms/a/arbitrage.asp