You've been right about a coin and still only made $40.
Not because your read was wrong. Because you had $200 and the guy who made $80k had $400,000.
Crypto doesn't pay the correct. It pays the capitalized.
Did you know that you can change the caps of the positions?
Either limit a dollar amount or a percentage of the available liquidity.
Giving all options to projects that want to offer options to their community.
Two things to know going in:
positions expire in 7 days - if you're up, close it, and if you're down at expiry it settles worthless.
And max position is about a dollar right now, on purpose. The pools are small while the contracts take real punishment.
Every EXNIHILO position has exactly one cost: the premium. It's also the most you can ever lose.
For the next 7 days we're refunding it.
Open any position, then post what you actually thought and we send the premium back.
Max loss on this trade: nothing. Terms below.
How it works:
Open any long or short on https://t.co/5Pb6VcRGZm
Reply here with your tx hash and and link to feedback post.
We refund the premium whether you liked it or not.
We'd rather have 30 honest reads than 30 nice ones.
First 30 wallets. One per person.
Risks:
Only AI audit rounds, but 4 of them, every finding public)
One emergency role can wind a pool down — it can't move your funds
LPs are the counterparty
Pool prices can diverge from other venues
Positions expire worthless if you're wrong
Trade $1 before you trade $100.
You've been right about a coin and still only made $40.
Not because your read was wrong. Because you had $200 and the guy who made $80k had $400,000.
Crypto doesn't pay the correct. It pays the capitalized.