Why are my deposits and withdrawals taking so long on the exchange?


#1

Why are my deposits and withdrawals taking so long with LA Token?

To ensure accurate liquidity calculations, LA Token only completes deposits within a 20 block time buffer before each peg index interval, and will show as “pending” until this buffer is reached.

Withdrawals are sent approximately within the first 10 blocks after the start of a new interval, and also will show as “pending” until this buffer is reached.

The Dynamic Peg index interval occurs every 200 blocks.

Examples:

Deposits

If a user initiates a deposit, and it is mined within the buffer zone (i.e. between block #180 and block #200), the transaction will register with LA Token immediately.

However, if a user initiates a deposit, and it is mined after the buffer zone (block #201), they will have to wait 179 more blocks (until the beginning of the next buffer zone - block #380) for the transaction to be registered with LA Token.

Withdrawals can be initiated and mined at any time; however, LA Token sends all withdrawals at the beginning (approx within the first 10 blocks) of each peg interval

NOTE: This above deposit timeframe is subject to be change, once it has seen more testing in a live trading environment, and user feedback has been collected.