What do we need our own token for?
Last updated
Last updated
Problem Order book constraints on exchanges were the main issue we faced in designing our first trading algorithms. But if the automated module discovers a condition where the customer will make a profit on the market, it still has to identify a queue of persons for whom it can make transactions and sales. As the price is not a fixed amount because the price of more sales rises after the first consumer's purchasing (because the market for purchases has increased), the next user can buy at a higher price. The expected advantage for the last customer is also considerably smaller. The same circumstance is during the period of selling. Sales would be at the maximum price and benefit for the first customer, and at the lowest price and profit for the last user.
We may use tokens from ecosystems to solve this problem. Let's see what benefits can be offered by our own token.
The Solution
Firstly, the amount of tokens issued is constant. In addition, the potential for additional token contamination is liquidated. It implies that any token holder can be confident that he can handle a portion of the tokens he purchased.
And second, we will have an ability to form a certain queue of users because of the unequal distribution of tokens between holders. In this scenario, any user can influence the position he has in the queue by changing the number of tokens he has. The user will be able to track his position in the ranking through the required tool in the user account. Inside the method, the location in the queue will be determined by the number of tokens on the user's balance. During the development of the queue, tokens kept at exchanges will not be considered.
Taking into account all the factors mentioned above, using our own token can solve basic problems and allow users to form a rational queue that can be influenced by users.
Other token-use choices in the ecosystem
All payments are made in the form of AXXA.AI tokens. For quick transactions in the system and having incentives, tokens can also be used.
