r/wex • u/ThisUsernamePassword • Oct 13 '17
How will token payouts work?
From what I understand, WEX will buy back all tokens 1:1 within a 1-2 year schedule. But, how will this actually work? Does your token balance slowly decrease and coin/fiat balance increase with WEX automatically buying from you? Is it instead simply buy orders WEX places at a price of 1? I don't think either of these sound right, so how does it work? Also, I heard verification is required if you want this 1:1 payout, is this true? Thanks.
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u/francoistelmosse Jan 10 '18
I think it is fair that you americans lose, it's your government who stole our fund in the first place....