Noob question, if I want to swap $1000 worth of PundiX to FX, I should Receive $1000 worth of FX? (Less gas fees?) And vice versa?
There’s no swap from $PUNDIX to $FX. You can stake your $PUNDIX tokens to earn $FX but at the end of this process, you get all your $PUNDIX back plus some $FX.
Here’s a guide that can help you understand the staking process. Function X: March Hash Out- Part I + Part II
you can only use exchanges for that… you can’t swap it directly
Thanks but you can swap PundiX to FX and stake your FX. And that was my mistake…
a swap like you are talking about is using a decentralized exchange contract… thats what i meant.
there is no “natural” swap like 1:1 or 1000:1 from npxs to pundix… its using an exchange so you have to pay fees to the exchange and/or blockchain governance