What is Scriptbank Exchange Market
Scriptbank Exchange Market is the manager of the Scriptbank Credit. Anyone in the network can own an exchange market as long as you can afford the facilities to manage the Credit. The Scriptbank Exchange Market produces this credit to the network based on certain protocol called the productive protocol. This protocol states that Exchange market can only produce more credit only for productive reasons that can improve the demand for the credit in the nearest future.
This is the main protocol that ensures that all Scritpbank credits cannot get liquidated. If a Scriptbank Credit is liquidated, the exchange market will be sold to the user with the largest credit or any user who is ready to resuscitate the credit. The original Exchange market manager will lose right to the exchange market automatically to ensure continuity of the credit.
How Exchange market Works?
It's Decentralized
Information about a credit exchange market is carried by every transaction block so it can't be changed or manipulated.
Can Accept Deposits
The exchange market manager can accept deposit from users of their credit, but the right to sell credit is given to every legal owner of the credit, so it only accept deposit if other owners don't have to sell. Also, Exchange Market managers are mandated to charge a deposit fee of up to 10%, this is a way to make the exchange market credit only demanded for in times there are scarce credit in the market, since any other withdrawer won't charge fees for selling credit.
Can make Deposits
Scriptbank Exchange Market can also make deposits into users trying to withdraw their own credit. Though not mandated to do so, but with the mandated deposit fee, exchange market can create a business path in this regard. This also prevents the exchange market from producing new credit when selling, to prevent saturation.
Can used for Investment
Scriptbank Auto Investment Protocol uses Exchange Market Credit to invest credit in business needing them. To aviod saturation, this investment is well monitored by a human agent, we call the Business manager, to ensure the success of this investment. Once successful, it will encourage demand for the credit and the exchange market can produce even more credits.
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