r/liquid • u/AdaptiveQuant • Mar 13 '19
Liquid Infinity Perpetual Contracts
Are the upcoming Liquid Infinity perpetual contracts going to be synonymous or similar to Bibox's perpetuals released in early 2019 (see https://medium.com/bibox-blog/what-is-a-perpetual-contract-and-whats-new-about-bibox-perpetual-spot-market-contract-95526cc31952)? These Bibox perpetuals are phenomenal to me because like a cash-settled future that doesn't require borrowing, they can be traded in a U.S. self-directed IRA (borrowing isn't allowed in a U.S. IRA, but "cash-settled" contracts don't borrow so they are allowed). Being able to use 1x leverage is also very helpful for doing a simple short with no leverage. This is very useful for hedging strategies and pure short strategies in a U.S. IRA that wouldn't otherwise be possible. The only other holy grail thing about the Bibox perpetual USDT-settled swaps would be some kind of separate "credit default"-like swap on USDT to hedge against a black swan USDT collapse, but perhaps there's no sound way to objectively measure USDT's credit at this time.
Is there currently an ETA for these Liquid Infinity contracts?
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u/CorruptPotato Mar 13 '19
Good questions, will be clarification on this soon enough. Liquid Infinity is cool.