Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [DEFI] UNICAP - Collateralized Swap Token UCAP Reliability, Transparency.
by
as9ardia
on 13/10/2020, 13:55:26 UTC
Hello, as9ardia
Buying doesn't mean we're going back - swap is a bilateral exchange
If we write a purchase, your asset remains with us
I recommend that you read this material: https://www.investopedia.com/terms/s/swap.asp#:~:text=A%20swap%20is%20a%20derivative,instrument%20can%20be%20almost%20anything

What's the different with purchase?
In my stupid opinion, both are same as exchanging one asset into another asset.

Let's make it simple with an example.
I Swap my ETH into your native token UCAP.

I got some UCAP, then Where's the ETH goes to? To The SmartContract? Who have the key to that smartcontract? Me?