3. Financial Transactions on the Platform of WWR Coin
Last updated
Last updated
Generally, financial transactions refer to setting up a specific exchange or decentralized exchange (DEX) as a market and allowing coin holders to engage in arbitrage by moving between multiple exchanges to capture little price differences. It is similar to import or export in regular trade, where the profit is made by capitalizing on price differences between the same product in different countries.
The WWR Coin ecosystem is a structure where participants can achieve financial transactions by engaging in various programs across independent platforms. Let’s assume a scenario where a participant utilizes a program within a specific platform, converts their asset held within that platform into WWR Coin, and moves to another platform to utilize them. In this case, this participant will use WWR Coin with varying values across different platforms.
Individual platforms will play the same role as different countries mentioned in the example of trade transactions. Financial transactions within the WWR Coin ecosystem mean an increase in WWR Coin transactions within the same ecosystem; this can lead to a decrease in liquidity due to fees and other factors. In addition, financial transactions with WWR Coin within the ecosystem encourage users to experience various services provided by multiple platforms, resulting in more coins being converted as compensation for utilizing program services. It contributes to reducing the liquidity of WWR Coin within the ecosystem.
Indeed, it is reasonable to consider the financial transaction format between platforms within the ecosystem as a result of the movement of WWR Coin. This outcome will bring the effect of decreased liquidity, represented by fees and service exchanges; ultimately, it will contribute to an expectation of increased value for WWR Coin.