The initial sales would come from the Apiary. People simply would buy the assets from the Apairy app just like anything else. Using existing price feeds will keep it mostly on par with them. After that, people are free to buy and sell on the open market where the market maker is involved. Just like with HBD stabilizer, there will be more assets sold into the market but the market maker will help with liquidity. The free market will, of course, join in putting in bid and ask.
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OK, that makes sense but now I think I have one more question. Since the Apiary is the first issuer does it also provide a redemption option where I could potentially redeem my synt asset for the current market price of said asset?
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That is where the market maker enters. It provided the liquidity to keep trading back and forth in absence of market participants. Of course, this is why liquidity is vital and having people drawn to the entire network. The greater the participation, which can be tied to offerings, the more we will see liquidity less of a factor.
It is the age old financial matter but something that has to be addressed. Growing liquidity and transactions is vital in an arena like this. That is what Leofinance is running into.
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Yeah, that makes sense as well. Thanks for clearing that up.
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