Do any off you degen sers want to speculate writing

Question

Do any off you degen sers want to speculate writing

and collecting interest on Future deposits of BCH ?

Or are all of you content just your Little Costco Holdings and using AH swaps?

#bch #bitcoincash #cryptocurrency #english

0

08.03.2024

4 ответов

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2qx#72497; 🦇

Cauldron's dex whitepaper has a example where a customer might pay a retailer USDC through an Automatic LP contract. Given that something like USDC may never arrive on CashTokens, is there anything we could do as network participants to arrive at stability without trying to emulate the dollar? One of the ways centralized currencies work is that 12 people who have half the money dictate what the rate of interest is going to be. But how could we, in a decentralized way, stabilize the price of Bitcoin Cash over time to make it more stable?

0

2 месяца назад

Joe Fintec

I'm still having a hard time understanding how it works and the utility. A little illustration or video could help.

0

2 месяца назад

2qx#72497; 🦇

Joe Fintec
I'm still having a hard time understanding how it ...

I wrote more here: https://bitcoincashresearch.org/t/an-incentivized-scheme-for-fixed-token-future-markets/1255/4 on utility: Degens get interest bearing coupons (on bch principal), whales get extreme leverage on influencing liquidity. So a small return for savers and a giant cove of liquidity in defi. As a high level example... A 5M coupon could be added with the user's +95M sats in a transaction locking exactly 100M sats and returning the BCH change to the user. So 5M + 95M = exactly100M sats locked, 0.05 + 0.95 = 1 BCH in return for 1 BCHF maturing a year out. So the rate is slightly better than 5%, it's 5.263% because the user isn't putting up a whole coin and is taking the interest as a discount up front. ... The coupon is just a normal utxo sitting on a contract. So someone could write 100 x 1M sat coupons from a wallet like EC in a single transaction without any special plugins.

0

2 месяца назад

🗿len · Accepted Answer

🗿len

> This is a Bitcoin Cash native instrument to establish the rate of return for timelocked BCH in sats per coin per block―in a fairly direct way. The aim is to establish a market rate (that does not currently exist) between those who want some fully-backed provable coin-denominated return and those who want less liquidity in the general marketplace.

0

2 месяца назад

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Do any off you degen sers want to speculate writing

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