Translations: Monetary system/111/en
Currency Exchange For exchangeable currency, each currency holder account, can publish a single exchange offer specifying the buy rate and sell rate vs child chain tokens and the number of units she is willing to exchange (which cannot exceed her available currency units and child chain tokens balance). Users can observe all currency exchange offers (intuitively similar to fiat exchange offices) and try to match them with buy/sell exchange requests. An exchange offer has an expiration height, as well as a limit on the total number of units which can be exchanged. When units are bought from an exchange offer the number of units to sell increases automatically and vise versa. The publisher can also limit the total transaction volume of currency units traded for a specific exchange offer.