HIP-4 is live on mainnet, and we just sent our first newsletter.
We broke down everything you need to know as a trader - how outcome contracts actually work, what changed for you, and the full ecosystem that went live around it in 72 hours.
Read it here: https://t.co/zas95ZNkdl
HIP-4 is already showing activity 👀
• 2 live outcomes
• 2.8k+ fills
• 132k$+ volume
• 500+ unique users
All tracked in real time via Hypedexer 📊
Builders are already experimenting.
after initially fading, I've been doing some directional trades on the @Dreamcash
the thesis is:
> if cash is tether's HIP-3 DEX, it's not going anywhere
> it's already got very good depth and I'm not convinced this is all from farming because we don't know whether cash volume outside of the app counts towards points or not and pushing large volume via maker orders on the app is a big pain in the ass
> I trust @sedaprotocol and @realpeterjm with my oracles
> while it's not my cup of tea, the app is very normie friendly and makes trading bubbly and cuddly, while creating a dopamine loop
for a non-intellectually impaired trader, the UX is horrible, but for the general population, this is the type of thing that gets mass adoption
apart from wallet apps, dreamcash is the first serious attempt at a react-native builder code app
> polymarket integration coming
so for now, my strategy is simple: momentum trading
1) choose a pair that is trending up or down, preferably a cash pair
2) set TP at 1% and SL at 0.5% and forget about it
3) repeat
I do small trades such that I won't lose >$30 on an SL and most of my SLs are at -$10 pnl
ofc if we get confirmation that cash volume outside of the app counts, I will spam @tread_fi like a mfer
I dubiously speculate that any losses made will be more than compensated by the cashdrop, as required.
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