The pegging works by balancing the wallet amounts based on present liquidity and votes, so depending on what the people want and the liquidity of Bitbay forces the coins in reserve to keep price stable. The reason you cannot see the trading on Latoken is because Bitbay is presently under maintenance, don't worry trading will resume soon.
I thought PEG is for whole network. Then why im my personal wallet I see BAY(R)
1059 and BAY(L) just
0.53? When I compare it with Latoken exchange I had almost same reserved BAY value
1016 and for liquidity
10 BAY. That means Latoken exchange have different rules or wallet?