Prices and exits.

Buying either token works like buying any token. Pay the price, get it in your wallet, sell whenever. This page covers the two extra moves: minting and merging.

Mint and merge.

Lock $1 in escrow to mint the pair in the newest window, the only window that mints. Sell the side you do not want: the sale money comes to you, not to the escrow, which holds exactly $1 per pair. Hold both and you can merge them back into the dollar anytime.

Selling.

Either token sells at the best available price anytime. Two cautions: a displayed price does not guarantee an exit for size, and liquidity concentrates in the newest window.

What settlement value ignores.

• The live market price of either token.
• Demand for one side of the pair.
• Volume or volatility in the pair itself.