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dfinity / exchange-rate-canister

The exchange rate canister (XRC) makes use of the HTTP requests feature to provide exchange rates as a service to the IC.
Apache License 2.0
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docs: Explain exchange rate terminology. #270

Closed daniel-wong-dfinity-org closed 1 month ago

daniel-wong-dfinity-org commented 1 month ago

In particular, what does "X/Y" mean? What are "base" and "quote" assets?

In short in "X/Y", X is the "base" asset, and Y is the "quote" asset, and it tells you the price of X in terms of Y.

At least for me, this is really not self-explanatory.