priced at 35 usdc for 1 waves.
If someone had 100 waves and exchanges them, now they have 3500 usdc-wxg or 3500 dollars eventually, correct?
In theory yes, but I cannot promise you that the ratio after an audit will be precisely 1:1, I am not a financial analyst
That would cause an uproar. I hope that's not the case. Else all users who held the proper assets before got screwed. It has to be 1:1. WXG or not it's still the same token (eth, btc, usdc or otherwise)
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