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Topic: Hedge long exposure to your staking, but have the option to short the derivative (Read 56 times)
March 08, 2018, 02:13:37 AM
March 07, 2018, 10:19:20 PM
I think a lot of us knew there may be a dip, and the dip becomes an even exaggerated self fulfilling prophecy triggered sometimes by each community selling their tokens, what if instead you could just take out a smart contract shorting that token?
In order to protect your downside, you can use MARKET Protocol and basically avoid selling your staking stack, and being free of the hassles of moving your staking stack to an exchange to sell it
meaning you can hedge your long exposure to something you're mining/ staking or have a Masternode by using a MARKET contract to short the derivative of the token
https://medium.com/market-protocol/introducing-market-protocol-e9765098e541
https://www.marketprotocol.io/
In order to protect your downside, you can use MARKET Protocol and basically avoid selling your staking stack, and being free of the hassles of moving your staking stack to an exchange to sell it
meaning you can hedge your long exposure to something you're mining/ staking or have a Masternode by using a MARKET contract to short the derivative of the token
https://medium.com/market-protocol/introducing-market-protocol-e9765098e541
https://www.marketprotocol.io/
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