Krypto@0x_Krypto·Jul 18, 2020What happens to the perp price if/when DOTs get redenominated? Does it simply fall in price? Does the PnL get adjusted to the new price? @SBF_Alameda @FTX_Official12
SBF@SBF_FTXReplying to @0x_Krypto and @FTX_Officialhttps://help.ftx.com/hc/en-us/articles/360027668812-Index-Calculation… we'll redenominate so that 1 DOT @ $150 --> 100 DOT @ $1.50help.ftx.comIndex CalculationNote that the index calculation method used for for FTX Japan is described here. Market price: median of last, best bid, best offer Mark price [MP]: market price of futures if future is not pause...3:44 PM · Jul 18, 2020·Twitter Web App8 Likes
