https://www.bitfinex.com/t/XAUT:USD?demo=true …
Almost 8M traded in XAUt/USD on @bitfinex in the last 24h.pic.twitter.com/zHCW5FYYsY
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Any plans to bring redemption amounts lower with Tether Gold? Would love to to see XAUT trading more in line with its underlying value. Having tighter spread, higher liquidity and price close to spot would bring much more liquidity and trust to the ecosystem.
We're (slowly) discussing to allow redemptions of 1kg bars, but there are many things to consider before allowing that (costs are higher than 12kg bars for example)
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Would be good to have! btw, guessing you have a stock which is hedged (as you allow a smaller purchase) You could allow redemptions of smaller amounts and increase/decrease treasury. If you have over one bar in stock you can sell it physically.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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