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Update: blocked on OKEx too. We'll still make the same change for diversification, should make the index more reliable, but many exchanges are blocking it because of the mainnet upgrade.

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SBF

@SBF_FTX

May 27, 2020

Right now, the FTX index for THETA is Binance THETA/BTC Binance THETA/USDT Huobi THETA/USDT Binance THETA is deposit blocked and trading at stupid prices, which is causing large funding rates. We'll change the index to Binance/Huobi/OKEx. Should we do it:

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11:53 AM · May 27, 2020Twitter Web App

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One of biggest main net crash of all time

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Don't worry we'll all just short it

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so the spot markets themselves become sort of futures markets using database entires while they aren't transferable.

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Yup, with an uncertain expiration date and no leverage allowed

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why are you making derivatives for underlyings that themselves have limited liquidity that represent networks that don't even exist. can't we focus on more important stuff?

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maybe set funding to 0 until exchanges allow deposits again?