@9yyre 60% accuracy. What i actually meant is: the hunter in that vid doesn't have anything bordering him, for him to be playing with a venomous snake like that 😂, the "Walai" part actually means I swear to God. It's a pidgin language
“I Don’t Know Why God Pun!shed Me By Making Me a Nigerian. The Worst Thing That Has Happened To Me Is Being Nigerian. Since Moving To The UK, Life Has Been Extremely Difficult. The Discrimination I Face Every Day Keeps Getting Worse. I’ve Worked As a Cleaner, a Care Worker, Cleaned Sh!t And Taken On All Sorts Of Jobs Just To Survive, Yet Life Remains a Struggle. I Have Been Bull!ed, Insulted, And Even Sl@pped. At The Same Time, I Don’t Feel Safe Returning To Nigeria Because Of The K!llings And Insecur!ty. Nigerians, Please Tell Me, What Am I Supposed To Do?.” ~ Lady Cries Out Bitterly 💔😢
This industry was founded on the vision of a shift in power that returned ownership back into the hands of the many, not the few
The end goal is a collective network that is owned and operated for the people, by the people
While many products have promised to deliver on that vision, recent launches have led to centralised applications, accompanied by low float and high FDV token launches
Everything decision we have made at BULK has been decided with this in mind
From a network perspective, this means anyone is able to validate and contest the state, with no single participant having more of a say than the next… Team included
From a distribution standpoint, this means giving people opportunity in exposure to the upside, simply by putting skin in the game and helping shape the exchange to endstate
It’s time to start believing in something again
We are running one of the coolest experiments at @bulktrade right now
spent last few months stress testing every part of executor (risk + matching + ledger) through various traffic profiles
At peak we had more than 60k daily active users who placed orders, managed trades and stress tested the system
We also ran a gated trading comp with paper margin to stress test liquidations, margining engine and also collected all the data points to improve our offering.
Our sell is simple - get access to best margining engine in crypto, every single asset live on the platform today offers correlation hedging, reducing your margin requirements on trades up to 70%.
This is the next step in evolution of risk on crypto derivatives, SPAN style margining has been around since 1980 and various exchanges like CME maintain this model to offer the efficiency on your capital.
BULK evolves this model further to bring live regime switching instead of t+1 days offered by CME. This gives traders a reliable mechanism to calculate margin requirements for the next regime without depending on bulk team to disclose it.
Pre deposits are the first step towards awarding our feedback loop and aligning with power users! If you are a trader, mm, fund - go try out true portfolio margining and give us your feedback