added_market_maker_bots_to_beer_asset_trading_on_stellar_net
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added_market_maker_bots_to_beer_asset_trading_on_stellar_net [2018/07/04 06:27] sacarlson |
added_market_maker_bots_to_beer_asset_trading_on_stellar_net [2018/07/04 06:30] (current) sacarlson |
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| Buhrmi who was originally the only one to have ever traded BEER had the only BEER token in existence for the last few years. He has been poking me to setup trade of BEER tokens more as a joke in hopes that his BEER token would someday be worth lots of money. So finally on July 3 2018 I decided to get Buhrmi to stop pestering me by minting a case of BEER (24 beers tokens) that we can consider to be the first commodity tokens traded on the stellar.org network. | Buhrmi who was originally the only one to have ever traded BEER had the only BEER token in existence for the last few years. He has been poking me to setup trade of BEER tokens more as a joke in hopes that his BEER token would someday be worth lots of money. So finally on July 3 2018 I decided to get Buhrmi to stop pestering me by minting a case of BEER (24 beers tokens) that we can consider to be the first commodity tokens traded on the stellar.org network. | ||
| - | The BEER tokens are auto traded by our systems market maker bots at the value of 1 320mL can of Leo Beer that at present is valued at 40 Thailand baht (much the same as FUNT). The bots are only setup to trade very small fractions of a BEER every 30 minute just to basically allow people to see the true value of beer verses XLM over time. | + | The BEER tokens are auto traded by our systems market maker bots at the value of 1 320mL can of Leo Beer that at present is valued at 40 Thailand baht with a 4% spread between buy and sell (much the same as FUNT). The bots are only setup to trade very small fractions of a BEER every 30 minute just to basically allow people to see the true value of beer verses XLM over time. |
| The agreement is that Funtracker.site Bank will deliver cans of Leo Beer in exchange for BEER tokens that will only be accepted in person at Pattaya Beach were we normally drink them in the evenings from around 6:00pm to 11:00pm on almost any night of the week. Please contact the funtracker.site manager for details on exchange of BEER tokens for cans of beer at https://chat.funtracker.site/channel/bank | The agreement is that Funtracker.site Bank will deliver cans of Leo Beer in exchange for BEER tokens that will only be accepted in person at Pattaya Beach were we normally drink them in the evenings from around 6:00pm to 11:00pm on almost any night of the week. Please contact the funtracker.site manager for details on exchange of BEER tokens for cans of beer at https://chat.funtracker.site/channel/bank | ||
added_market_maker_bots_to_beer_asset_trading_on_stellar_net.txt ยท Last modified: 2018/07/04 06:30 by sacarlson
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