SBF on Twitter: "@gphummer @ameensol @Hegic @OPYN @dydxprotocol @falconxnetwork Yeah you could def do it with a centralized venue, and would be more efficient--though if your goal is to do it through defi that's harder. There's basically provably no way to do this without putting up more than $200k of capital, or you could renege if you lose to deltas." / Twitter

#DeFi Geniuses! If I want to take this trade but de-risk my exposure to the ETH price in two weeks, what do I do? Should I use

@hegic

@opyn

@dydxprotocol

and open a put or a short? Ideally the gains would cover any potential losses in the value of ETH in two weeks.

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ameen.eth

@ameensol

Apr 24, 2020

@VENTURE_DAO wants to sell $200K ETH for 200K DAI, but the catch is that you would get the ETH in two weeks, and you'd have to put the DAI up now. OTC enforced by the DAO contract. Any takers?

What premium would you want to do this?

Grant Hummer | gphummer.eth

Replying to

OTC short forward contract with a liquidity provider?

Replying to

Yeah you could def do it with a centralized venue, and would be more efficient--though if your goal is to do it through defi that's harder. There's basically provably no way to do this without putting up more than $200k of capital, or you could renege if you lose to deltas.

8:46 PM · Apr 24, 2020Twitter Web App

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