LATOKEN LAT/ETH Volatility vs ERC20 SAFE Heaven

in #erc207 years ago (edited)

Parlez ERC20

Excitement and Questions about @LATOKEN Platform Smart-Contract.(SC)

Does the ALT/GOLD smart-contract represent (stores) lock-in.
Your ALTOKEN Value?
Your ETHEREUM Value?
or GOLD safe Heaven Value?

what say U

Lets say u Buy a LAT/GOLD smart contract (SC) for 100 000 LAT.

If Gold price on Comex is up 10%, can u sell your SC for 110 000 LAT ?
If LAT/ETH is up 10%, can u sell your SC for 90 000 LAT ? -> and keep a new 10 000 LAT/GOLD SC?
If ETH/USD is down 10%, can u sell your SC for 110 000 LAT ?

Finaly does my ALT/GOLD smart-contract represent 2oz of Gold price at $1500USD or price at 100 000 LAT/ETH

..Hedging

@pharaoh

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UPDATE From LATOKEN TEAM.
On the LAT/GOLD smart contract you OWN the physical 2 onze of Gold .
Nice