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Nothing in msg requests - lets just do publicly
Name custodian, oracle, and unit currency
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Would make things much easier but sure
How would you like so set things up?
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- receives 1M usdt from us each
- next year same day, if price of luna as reported by coingecko is higher than 88? He delivers the luna to me, if not, he gives it to you
Sounds good?
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Why not as a smart contract?
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Why not cobie
He won’t rug for 2M
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Probably so, but just seems ironic, this is a perfect example of how crypto can reduce counter party, no?
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If reducing counter party risk increases my time spend, not a worthy tradeoff for this ROI
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This smart intern might know a thing or two :)
Quote Tweet
Someone write up a p2p pvp futures contract:
Both parties deposit $1m
- Get luna_price_today
- Open function to anyone to record luna_price_after_year for 5256000 blocks from now
if oracle_price_after_year > oracle_price_today:
do wins
else:
algod wins
deal? twitter.com/iii_OIO_iii/st…
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Totally fair, just seemed like a good opp to dog food the tech that’s being speculated upon
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What’s fair about this lol? It’s a 1M bet, these are one of the strongest use cases for a smart contract. Seems ironic and stupid of such notable figures to literally use a custodian for this.
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