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How the exchange of value happens?
The OviO ecosystem is revolutionizing the gaming industry through its hybrid exchange, The HEX creates interoperability between closed and open game economies by allowing the exchange of value through swapping gaming coins and tokens across all chains. OviO manages the demand for tokens on its side (bringing users to the game), while game studios manage their own supply, creating a balance between demand and supply that ensures users can seamlessly interact with the game.
The unique liquidity pool at the heart of the OviO ecosystem enables the exchange of value between closed and open game economies, allowing arbitragers to profit from price differences and increasing liquidity and stability in the trading process. This leads to a more vibrant and dynamic gaming economy, encouraging more users to participate in the platform.
Users must register with OviO to purchase gaming tokens or OviO credits, which are pegged to the US dollar at a ratio of 1:1000. When users purchase game tokens using the OviO wallet, the value of the tokens is transferred on-chain from OviO HEX balance to the user's wallet, and these tokens can be used seamlessly within games that have integrated the OviO SDK.
Despite being a centralized system, OviO HEX utilizes the same equation as decentralized exchanges (DEXs) to determine the token price, x*y=k. This approach ensures price stability and allows game studios to manage token supply to users without causing price spikes that can negatively impact the in-game economy and discourage new users from participating. By refilling the pool with their own tokens to meet demand, game studios can increase token supply while OviO credits remain unaffected.
With its unique liquidity pool, stable OviO credits, and game studio-controlled token supply, OviO provides a reliable and trustworthy platform for gamers and game developers alike. Join the OviO ecosystem today and experience the immersive and dynamic gaming experience that it has to offer.
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