PEN Update

in #dexeos6 years ago

An announcement from Max at DEXEOS:

We will increase decimal places for order soon. The update will be applied in a week after sufficient notice in advance.

PEN (DEXEOS PENNY) token will be issued for the number of decimals processing.
1 PEN = 0.00000001 EOS, Stable token with a fixed price (8 decimal places).
PEN token is used as a way to extend the number of decimal places to 8 digits. Notice that it is not related to the exchange tokens that will be issued by DEXEOS.

Previously, orders were only able to have 4 decimal places and had integer unit quantities. Soon it will be changed to having 8 decimal places and 4 decimal digits quantities for the order.

For example, if you trade two specific Dapp token for 0.00001 EOS, the price for this order becomes 0.00002 EOS. This was not available to be processed on the P2P exchange DEXEOS by blockchain transaction. In this case, by adopting PEN token, we can transfer 2,000 PEN instead of 0.00002 EOS on the blockchain.

So you can collect PEN tokens and sell them back to DEXEOS as 0.0001 EOS per 10,000 PEN units.
**

If you have any questions feel free to contact us. DEXEOS will always listen to your opinion carefully.

Telegram: https://t.me/dexeos_io_kr

Happy Trading!

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