Content
@
0 reply
0 recast
0 reaction
Connor McCormick
@nor
Help me be wrong about Index Wallets .22 ETH Everything you should need to know can be found here: preprint.indexwallets.org This bounty has various sub-bounties, when the money is used up it's gone. See next cast for sub-bounties @bountybot
4 replies
0 recast
10 reactions
Crypto Down Under
@cdu
Hey @nor, my understanding of Index Wallets highlights the following: - 'value' appears to be a preference not price, what if my preference is 0% that token? Then the mechanism will charge you an infinite quantity of said token and the payment will still fail - ...
2 replies
0 recast
1 reaction
Crypto Down Under
@cdu
- Price is determined by last successful transaction, which is dynamic and can occur outside of the exchanging for goods or services in your examples, such as direct trades of say USDC-EXAMPL - ...
2 replies
0 recast
1 reaction
Connor McCormick
@nor
This one I'm not quite getting. What I would say is that valuation is set by the index wallet owner. If they are setting a widely traded currency then yes they can inherit that valuation from the market. But if it's only traded between index wallets they'll be considering other things like how many ppl share the val
1 reply
0 recast
0 reaction
Crypto Down Under
@cdu
Cool, is this a manual process or set to market value by default? If manual, it seems too cumbersome to be adopted by vendors because there will be many public goods tokens
0 reply
0 recast
1 reaction