A fully functional, Multi-Decentralized™ Digital Currency Exchange provides liquidity for any and all transactions within the Ecosystem that require instant conversion and confirmation, at speeds of over 100,000 transactions per second. Optherium’s exchange/liquidity reserve will support up to 150 diferent digital currencies by creating currency pairs with Optherium’s own facilitator currency, OPEXTM tokens, and will be a significant contributor to the liquidity pool by virtue of the expected large volume of transactions. The exchange will provide an order book through which buy and sell orders can be placed and executed. The exchange will offer any kind of currency pairing within the system by using OPEXTM. By virtue of being within the Optherium Ecosystem, all digital currency conversions are completed and confirmed instantly for every user.
OPEXT™ Facilitator Function
When a currency is listed on the Optherium Decentralized Currency Exchange, it is immediately paired with OPEX™. Because the exchange will support up to 150 diferent digital currencies, trading one currency for another would require a specific trading pair be created. However, because OPEX™ is a facilitator token, a specific trading pair is no longer required. OPEX™ acts as a junction between any two tokens so that a token can be instantly converted to another token by using OPEX™.
As an example, suppose that Currency X needs to be exchanged for Currency Y. Because Currency X has a trading pair with OPEX™, and OPEX™ has a trading pair with Currency Y, a user is able to convert Currency X into Currency Y by first trading Currency X into OPEX™, and then converting OPEX™ into Currency Y. Despite the conversion being a two-step process, a user experiences the conversion seamlessly.
Because the Optherium Ecosystem, eWallet, the B2C and B2B platforms, and the Multi-Decentralized™ Currency Exchange will feature the ability to convert up to 150 digital currencies, the use of OPEX™ tokens as a facilitator ensures that users can always trade one currency for another, as long as the currencies are both part of the liquidity reserve on the Ecosystem. OPEX™ is convertible to any of the currencies it is connected to, and vice versa. This will serve to not only increase the liquidity and usability of all currencies compatible with the Optherium Ecosystem, but will help maintain the value of OPEX™ tokens as demand is created through increased use of the exchange.
Thank you for this explanation with a detailed example. Now I understand how this functionality works.