I.
The exchange desk
Quotes are read from the network directly — no wallet needed until you sign.
Order
Rate of record
- Peg ratio
- —
- You receive
- 0
Ratios are arithmetic, not oracles: the foundry converts at exactly the recorded peg. Any rounding dust stays in the pooled reserve — the note under the order states the exact amount before you sign.
Minting? Put UCASH on the “from” side. Redeeming? Put it on the “to” side.
II.