End of March - end of test. You will have received Z amount of XCP in dividends and you have the shares of the new asset. After March the asset would be worthless. Is the asset tradeable on the DEX between issuance and end of March?
As its a test I will return the XCP at the issue price at expiry.
Should I walt until the client is available? Is what I describe possible with counterparty?
It will be interesting to see how the market reacts to demand from the requirement to purchase XCP to buy the new asset and via the dividends converted into XCP from BTC.
It sounds like a great idea. I'd like to participate!
When you create the asset you are credited with all of the shares so you can pick the price to sell this asset. Of course from that point on, the holders are free to attempt to resell it at market price.
What you are describing at the end of the test period is to recall shares of the asset. I think this is possible by setting the asset as 'callable' and with a 'call date' when you issue the asset. I haven't seen anyone try the callable feature. It might be worthwhile checking with the devs before using it
As an alternative to an asset being 'callable' you could just put up market orders to buy back the asset. Since you wouldn't be issuing more dividends after the test period most people would want to sell back their shares.