CryptoPairs on HootDex

HootDex is a decentralized digital asset swapping system and presents CryptoPairs as unique tokens that allow members to gain exposure to specific digital assets / assets easily without the risk factors or ownership of the actual asset itself, regardless of scale. Here are the benefits of holding and swapping CryptoPairs on HootDex and in general:

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Broad Asset Exposure
    • CryptoPairs have a unique pricing structure and derive this pricing from specific digital assets / assets through composite global pricing across major exchanges. This provides members with the opportunity to gain exposure to various assets in a convenient and accessible manner.
    • By listing a range of CryptoPairs that have a unique pricing structure along with liquidity pools, members can diversify their trading portfolio and participate in the potential growth and price movements of various assets swiftly and easily.
Price Derivation and Transparency
    • CryptoPairs are not deliverable and solely derive their unique pricing from the composite global pricing of the specific assets in the pair they represent. This allows investors to track and speculate on the value of these assets without the need for direct ownership. They are set in a liquidity pool and create an automated market maker for it.
    • All transactions of CryptoPairs are recorded on the Pecu Novus Blockchain Network in real time, ensuring transparency and visibility. Members can verify and track their holdings and the movement of CryptoPairs in a secure and decentralized manner.
    • CryptoPairs are priced based on the weighted average price derived from combining a composite of the global pricing values and implementing a unique calculation method. This creates unique tokens that enable diversification and simplify the trading process.
      For example, if the price of Bitcoin is $30,000 and the price of Ethereum is $2,000, then the weighted average price of the two assets is $16,000. The price of a CryptoPair that tracks the price of Bitcoin and Ethereum would be $160.
Listing and Swapping on HootDex
      • HootDex supports the listing and swapping of CryptoPairs, providing members with a reliable platform to easily buy, sell, or swap CryptoPairs with other digital assets.
      • By leveraging the decentralized nature of HootDex, members have full control over their assets and can participate in a secure and efficient swapping environment.
Ownership of Tokens and Diversification
    • CryptoPairs enable token ownership as they are actual tokens, allowing members to gain exposure to specific assets even on a small scale. This makes it easier for individuals to diversify their investment portfolio and access a wider range of assets.
    • Members can benefit from the potential growth and price movements of various assets through the exposure via CryptoPairs, without the need to manage multiple wallets or exchanges.
Potential for Exchange Integration
    • Since CryptoPairs are actual unique tokens created on the Pecu Novus Blockchain Network, as CryptoPairs gain popularity and wider adoption, they have the potential to be listed on various centralized and decentralized cryptocurrency exchanges. This opens up additional opportunities for members and investors to access and trade CryptoPairs across different platforms.
CryptoPairs are a convenient and accessible way for investors to gain exposure to specific asset pairs with a unique pricing structure without owning the asset itself. With price derivation, transparency, and availability on HootDex and the pairs chartable on most all major quoting systems, members can diversify their portfolio, manage risk, and participate in the potential growth of these assets. CryptoPairs offer a flexible and innovative investment tool, enabling broader participation in the digital asset space.
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