Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] [DEFI] UNICAP - Collateralized Swap Token UCAP Reliability, Transparency.
by
Unicap.finance
on 14/10/2020, 16:23:40 UTC
Quote from: as9ardia on October 13, 2020, 01:55:26 PM
Quote from: Unicap.finance on October 13, 2020, 01:09:35 PM
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?


1. the fund centralized all assets that come into the fund accounts specified on the website

2. the difference between sale and swap is that we guarantee the reverse swap (you get a token that is guaranteed by the swap "Buy Back") after the listings or we will return everything you have invested if we do not collect Pre Public Fund