Tempted

[Tempted @_TemptedOne]

1/n
🤕Smol brains will tell you @HegicOptions doesn't work
👹Smol brains will tell you Molly is unchained
🤡Smol brains will tell you Hegic FDMC is too large
🧙‍♂️But think like z Hegician 🧠 and you will be welcome to the citadel, sit back and enjoy z magic 🧚

[Hegic @HegicOptions]

🌖 Hegic community call #2, yuge options contracts expirations (2,000 $ETH), Hegic protocol's P/S ratio (one of the best you will be able find in #DeFi if you love cash flows) and some more weekly news in Mawusi's @mpAdiama Weekly Thread!

Go give it a read,
proud Hegicians! 🧙‍♂️👇

[Hegic @HegicOptions]

Have your positions been liquidated on Binance, Huobi, Bybt, Bitmex or any other CEX? ☠️ First time?

🧙‍♂️ START TRADING #OPTIONS
instead of using leverage😭

Why options?
No margin calls,
no liquidations,
no crazy wicks ⛔️

Stop getting REKT❕
Try it today: https://t.co/OftmvaOTVT

[Tempted @_TemptedOne]

Puts or hedge contracts for crypto native holders seems crazy given their price appreciation biases

But in reality, they can be hugely rewarding insurance contracts and help stack more

[Whiteheart 🤍 @WhiteheartDeFi]

As always, no one believes
in corrections in a bull market.

Acquiring an on-chain 24/7 protection from USD losses for 6.9% / 28 days for #BTC on @WhiteheartDeFi? Am I a fool to pay so much?!

Losing -26.5% (one quarter!😆) of your #BTC USD value in one week? Yes, please! HODL!😆

[Tempted @_TemptedOne]

🧙‍♂️

[Tempted @_TemptedOne]

@0mllwntrmt3 And DEX LPs... I really don’t understand why people continuously consider this a ‘cRitICaL FlAw’ for Hegic, but not for uniswap and sushi LPs...

[Tempted @_TemptedOne]

Nothing to see here. Just carry on as you were

[Hegic @HegicOptions]

The #DeFi options protocol with 5,000 (five thousand) options contracts acquired. Probably nothing.

🔵 On-chain options
🔵 100% collateralized
🔵 Cash-settled net P&L
🔵 No KYC or registration
🔵 Zero slippage for any size
🔵 $328,500,000 in total volume

Definitely nothing… 🤭

[Tempted @_TemptedOne]

@richardchen39 @HegicOptions Genuine questions - Do you see a critical issue with all the AMM LPs (Uniswap, sushiswap, etc) that have lost ETH value by being in the ETH/stablecoin pools too?

[Hegic @HegicOptions]

🌖 Hegic Protocol Governance:
Soft Launch. COMING ON MONDAY.

Over the past year, you've seen dozens of experiments with governance models in #DeFi. Get ready for A NEW WAY of launching governance. Only proud Hegicians with a long-term mindset and skin in the game are welcomed 🧙‍♂️

[0MOLLY WINTERMUT3 @0mllwntrmt3]

OK

should i try to buidl
an organizational structure
around @HegicOptions?

OTHERS = hire & enslave u👹
me = invitin' u👩‍💻

Hegic solo dev invites:

⚪️ CMO (marketing)
⚪️ CPO (product)
⚪️ CFO (finance)
⚪️ lead devs (Solidity)

make something
EXCEPTIONAL & DM me

plz retweet

1/3

[Team Hegic @hegician1kx]

@HegicOptions Weekly Updates #2

Thread..

[Tempted @_TemptedOne]

@guaranteedalpha @HegicOptions @DuneAnalytics Albeit liquidity incentives are not forever so should not be incorporated into the sustainability of the LP model, but a nice bonus for those bootstrapping liquidity early on

[Tempted @_TemptedOne]

And all the haters thought that @HegicOptions LPs would just lose money forever 😅

Note: this is also WITHOUT LP auto-hedging.

[Tempted @_TemptedOne]

@guaranteedalpha @HegicOptions @DuneAnalytics Sure, but it provides validation that the model for Hegic LPs is likely to function well over a long duration, and not leave them bleeding value forever as some suggested

It also doesn’t account for liquidity incentives, which if you include LPs have performed exceptionally well

[Tempted @_TemptedOne]

@WestCoastWalka @HegicOptions @DuneAnalytics When number stopped going up, a few HUGE options expired worthless

[Tempted @_TemptedOne]

@volmexfinance 0x1065BA78B5B1Aa8c3534006dbc7B3A18611dCb0a

[uh @uhr3al]

Some potential features of @HegicOptions V.888.1

[Hegic @HegicOptions]

🔥🔥🔥🔥🔥🔥🔥🔥
🎊🎉🎊🎉🎊🎉🎊

A QUARTER-BILLION DOLLARS
IN TOTAL CUMULATIVE VOLUME
IN ~4.5 MONTHS SINCE V888
BETA LAUNCH ON 10/10/2020

🎉🎊🎉🎊🎉🎊🎉
🔥🔥🔥🔥🔥🔥🔥🔥

Are you a proud Hegician?

👇 RETWEET and tell the world
what we are up to in 2021

Spoiler: BILLIONS 🧙‍♂️🚀🌔

[Tempted @_TemptedOne]

Happy birthday @HegicOptions!!

This is only just the beginning

[Hegic @HegicOptions]

🎉🎊🎉🎊🎉

TODAY IS HEGIC'S
FIRST BIRTHDAY!
$HEGIC

🎉🎊🎉🎊🎉

WORK IN PROGRESS:

$235,000,000+
TOTAL VOLUME

4,300+ OPTIONS

$6,000,000+
EARNED IN FEES

PRICE-TO-SALES
RATIO = 7.8x

🎉🎊🎉🎊🎉

Thousands of #Hegicians
have united in 2020
to make Hegic a reality

2021 → 🧙‍♂️🚀🌔

[Hegic @HegicOptions]

🏆🏆🏆 A NEW RECORD: The largest daily on-chain options volume in the entire history of #DeFi is recorded on @HegicOptions

💰💰 $22,181,693 💰💰 have been traded in one day yesterday. 💸🧮 Traders are betting that the price of $ETH will go up in the following weeks.

🚀🚀🚀🌔🏁

[Hegic @HegicOptions]

Hegic V888.0.1 🌖
IS COMING SOON!

V888.0.1 code (Solidity contracts) will be open sourced in the nearest weeks. If you are a talented developer, you will have a chance to get rewarded 💰 for coding test automation & finding bugs in the code. Prepare your keyboards & brains ⌨️ 🧠