|Contract Reserve NAS||0|
|Contract Guarantee NAS||0|
|CGT Balance||CGT Buy||CGT Sell||CGT Burn|
|Cost NAS||Sell Get NAS||Burn Get NAS|
The User One DEX, is a decentralized exchange based on blockchain technology.
The NAS in the contract is divided into two parts: Reserve NAS and Guarantee NAS. The Reserve NAS is used for CGT trades with players. The Guarantee NAS is used to compensate the players' burned CGT to ensure the floor of the CGT price and ensure that the price of CGT will not turn to zero.
"Burn" refers to destroying CGT and obtaining a share of the Guarantee NAS from the contract. When the player sell CGT in crowd, the selling price continues to decline, the burn price continues to rise, and burn price finally forms a supporting price to prevent the price from falling. The NAS obtained from burning CGT comes from the Guarantee NAS.
"Buy" refers to buying CGT from contract by paying a certain amount of NAS. When there is CGT remains in the contract, the remaining CGT will be offered priority. When the contract's CGT is sold out, the contract will issue new CGT according to the market price. The NAS used by players to purchase the remaining CGT of the contract will go to the reserves. The NAS used by players to purchase the newly issued CGT will partly enter the Reserve NAS and else enter the Guarantee NAS, which is according to current Reserve Ratio.
"Sell" refers to selling a certain amount of CGT to the contract and get NAS. Users can earn profits by selling, or wait for a cheaper price to buy again. The NAS comes from the Contract Reserve NAS.