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@krboktv krboktv commented Apr 1, 2020

Purchase Smart Token

  1. Source asset is split into reserve tokens by the ratio in the smart token.
  2. Issue new funds to the caller in the smart token by staking reserve tokens to BancorConverter contract
  3. Convert leftovers of swapped reserve tokens to smart token

Sell Smart Token

  1. Smart token is liquidated in BancorConverter contract
  2. Reserve tokens are converted into a destination asset

k06a pushed a commit that referenced this pull request Jul 30, 2020
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