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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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and

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

SBF

@SBF_FTX

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@austerity_sucks

Yup, with an uncertain expiration date and no leverage allowed

12:13 PM · May 27, 2020Twitter Web App

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and

i guess using the index still is the least worst approach under the circumstances vs the alternatives (letting it float, manually setting a mark, whatever)