RE: SEED Holdings Report #10
You are viewing a single comment's thread:
As I'm seeing, price feeds on tribaldex/beeswap get their prices from the 'normal orderbook' of Hive engine (dunno how to explain this).
That means that If for whatever reason someone buys 1 SEED at 20$ and nobody dumps after (things that happen with very illiquid markets), the visualization price on the diesel pool will give an incorrect value. (hive at 1$ and seed at 20$, but still a 2:1 proportion of seed vs Hive), which leads to the aforementioned confusion and consequent 'dumb dump'.
0
0
0.000
Ok, I see what the problem is. And yes, that can create confusion on tribaldex because of the illiquidity on HE. Maybe a bot on HE would help?