It usually is.

Struggling with the Waves DEX platform.

Hold your Waves.

Sometimes things become more clear when it actually gets done in practise. A theory can be very nice, where it all should work like forseen. And it looked that way when I came up with the idea to launch the TULIP token as an asset on the Waves DEX platform. Easy as pie, true, all done in a jiffy. Then I made some very small SELL orders, still quite expensive ones. Only 1637 TULIP tokens will ever be released and the initial price setting would be 1134.451 Euro. And then for USD, BTC and WAVES the same value. Calculated those and set orders for selling 0.001 TULIP. That is the smallest amount possible. And then after 53 minutes the TULIP-WAVES pair order got filled. Wow, the first 0.259 WAVES, meaning one TULIP will cost 259.000 WAVES. As they are rare, that is a nice starting price.

Then I saw something strange, the payment was settled at... 0.00000001 WAVES!? WHAT!? That should not even be possible. It cost me 0.003 WAVES in fees when that order got filled. So, I lost on that deal, while there was no order stating that it could be sold for 0.00000001 WAVES. Was there a fault in the DEX? How is that even possible. Hey, is there somebody at the Waves platform that wants to offer 1000 BTC, I want to be able to pay 0.00000001 WAVES for that. Stranger even is that the order history showed: 27/09/2017 17:33:00 - Buy - 259.74700000 - 0.001 - 0.25974700, while my mobile wallet showed there was actually only 0.0000001 WAVES payed. It could be a minor flaw in the system. Luckily I only tested with 0.001 TULIP. But all later orders worked correctly. But that first one... Well, that makes me doubt the Waves DEX platform.

Uncertain for now.

It might be an anomaly that only happens once. So I will try some more SELL offers of 0.001 TULIP for WAVES to see if that first lucky buyer was able to do something others can not. Feel free to buy the little amount of TULIP, it is 0.259747 WAVES. Maybe you can manage to get it for 0.00000001 WAVES too?

As they have been issued I might hand out the TULIP tokens anyway, so stay tuned. If you want to have a go at it already then make sure you have the right one. It is called TULIP and has identifier: DhNdGSkyttDmn72yMNN68dD6Xq6yLW2pph2yEFqVeSD4. There is only one TULIP at the Waves DEX platform. There are however others with TULIP in it, with name additions. The one with the 1637 tokens is just called: TULIP, all capitals.

That is it for now concerning TULIP tokens.

Have a great one!

There might be a Waves DEX platform issue.

image cc-by-sa @oaldamster