SOCKS is a token that entitles users to 1 real pair of limited edition socks, shipped anywhere in the world. Users can sell the token back at any time. To get a real pair, redeem a SOCKS token. SOCKS tokens are listed starting at $12 USD. Each buy/sell will move the price. The increase or decrease follows a bonding curve. SOCKS will eventually find an equilibrium based on market demand. Buying or selling socks uses the uniswap protocol and accepts any token input as a payment method. The pool of SOCKS is a uniswap pool where 500 SOCKS tokens were deposited along with the starting value of ETH.
