Acquisition Process Triggered by User's Buy Order
Last updated
Last updated
Apart from our regular diamond acquisition process, users can trigger a diamond acquisition process by placing a buy order. When users purchase DD, our tracking system monitors the DD stock in our liquidity pool (LP). If it falls below the established threshold, initially set at 15% of the total circulation supply (subject to potential changes), our system triggers a diamond acquisition process. This process includes auditing and token minting to replenish the DD in the Liquidity Pool to meet current and future demand.
The system's request will be processed by our warehouse system, which will either match it with an ongoing acquisition process or initiate a new one. Users will be informed when the DD they wish to purchase are available for transfer or have to activate our pre-staking system, which executes the purchase and automatically reserves the ordered DD amount, along with a reward for the time required to replenish our reserve and mint new DD.
