Post
Topic
Board Project Development
Re: Introducing Cilistia: A Non-custodial, Decentralized Peer-to-Peer Exchange.
by
joniboini
on 31/05/2023, 00:37:59 UTC
4. User can now open sell orders for other cryptocurrencies to the value of $5000 (50% of the staked $CIL balance)
Okay, so 50% of the staked balance is what he can trade? Is this fixed or will you change it before your service go live? Personally, I'd rather use coins that I already own as a guarantee instead of buying your tokens. It takes a lot of confidence to buy new tokens in the first few months at least. On top of that, it also adds another layer of complexity unless you allow people to convert their coins/tokens to your CIL token automatically. If some volatility happens it would also affect my ability to trade.

Btw, is there no plan to support or add Bitcoin?