Hi, I have some questions about WX IDO: 1) How long

will the refund policy be available? Can I go back to USDN at any time?

2) Can I request a refund of the entire USDN invested or just gradual?

3) The WX not sold during the IDO will be burned?

Hello! Tokens will be unlocked gradually over the course of a year, you will be able to choose to take the WX token or take the USDN. >The WX not sold during the IDO will be burned? We expect all tokens to be fully distributed.

About the refund can I redeem the USDN at any time or are there any restrictions?

The WX token will be unlocked gradually, after which you will be asked to collect the WX or USDN. You will be able to collect them at any time after unlocking.

Ok. So if I invest 1K USDN and I want to refund, I won't be able to redeem the 1K at once, I will have to wait the 1 year period, and redeem it gradually, right?

Yes, you will have to wait a year to get the full amount back.

Thanks for the info. One more question about WX: I read the lightpaper but I didn't understand it very well (I'm not very familiar with the technical language). Could you explain to me, briefly, what is the relationship between AMM and the order book? Which mechanism directly interferes with the spread?

A liquidity pool is a smart contract with a pair of tokens on its balance (for example, USDT / USDN), that provides liquidity for Waves Exchange decentralized trading. The liquidity pools facilitate and speed up the trading process by means of AMM (Automated Market Making). The AMM algorithm automatically fills traders' orders by using pools liquidity. AMM controls the proportion of tokens in each pool depending on the price change.

Nice. thank you for the explanation

You're very welcome.