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Document market coins #117

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oberstet opened this issue May 16, 2020 · 0 comments
Open

Document market coins #117

oberstet opened this issue May 16, 2020 · 0 comments

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@oberstet
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In general, any token that is:

  • ERC20-compatible
  • fungible

can be used as a means of payment for a market ("market coin").

With "fungible tokens", even though each asset is distinct (non-fungible), each of a quantity of a token is identical (fungible). This is essential to enable the market maker design of XBR.

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