Person A wants HIVE, Person B wants LEO.

A swap pool is created where everybody with HIVE and LEO deposits their tokens. The platform gives fees and rewards to participants to incentive more liquidity.

Then Person A and B can exchange tokens.

I think it doesn't need to be backed by real assets but two people wanting to exchange their tokens. Also, fiat is not backed for a real asset, so...

Posted Using LeoFinance ^Beta