BIZ has been added to Bizanc’s blockchain as an asset to promote liquidity.
The level of liquidity of any particular asset depends entirely on how quickly it can be sold and converted to cash of equal value.
When the user has an asset and he wants to exchange for another it is necessary that he finds one or more people willing to make a contrary exchange. The more assets they have listed in an exchange, the harder it is for users to find an upside.
Probability = (Number of a Favourable outcome) / (Total number of outcomes)
Exemple 1: BIZANC-DEX, total of 30 different assets without BIZ.
Probability = 1 / 30 = 3,33%
It depends more on the liquidity of the asset in question than on the amount of people buying and selling.
BIZ was created to solve this problem because all users exchange the cryptocurrency they want to sell for BIZ and with BIZ they can buy any other, including return for the same if there is no wanted offer.
Exemple 2: BIZANC-DEX, total of 30 different assets with BIZ.
Probability = 1 / 1 = 100%
It just depends on how many people are buying and selling..
Therefore the goal of BIZ to exist is to be a medium of exchange within the exchange and to promote asset liquidity.
