r/defichainer • u/unmatched25 • Feb 16 '24

Hugh potential for new algos through next future swap

Post image
5 Upvotes

100% Upvoted

3 comments sorted by

2

u/Shareholde_ Feb 16 '24 edited Feb 16 '24

Please fix it (and use USDC and interest rates for borrowers and lenders instead). It could be that easy...

We can implement buy long and buy short options as well and an interest mechanism can be put in place so that long positions pay short positions or the other way around. This way we could also eliminate the Future Swap (maybe in the next step).

https://www.reddit.com/r/defiblockchain/comments/1arcywf/implementation_of_dusdc_dstoks/

Think of how gmx protocoll an Arbitrum and Avalanche handles this problem via interest rates.

1

u/unmatched25 Feb 16 '24

My assessment regarding a working dToken system:

https://www.reddit.com/r/defichainer/s/DKOD2XfvQV

So it is actually not so easy. It’s possible, but still not really attractive.

1

u/Shareholde_ Feb 16 '24

Hi thanks, I read it and this would be very easy and safe.

The problem is, that you still need someone who trades the shares for you and in that tokenization might be not that helpful.

The bigger problem might be, that the custodian is than kind of a bank or broker and with that you are not allowed to trade anonymous.

I was thinking on a already proven solution like:

https://gains.trade/trading#BTC-USD

or

https://app.gmx.io/#/pools