WhenToken

[Paradex @paradex]

Almost time for the Badger Brawl,

Answer the call or miss it all.

Waitlist’s live, don’t wait too long,

24 hours — then it’s gone.

https://t.co/0jezGSibYf

[WhenToken @token_when]

@EliBenSasson Next step of digitalization, more effective weapon in competition

[WhenToken @token_when]

Squeeze Rabban

[BitMEX Research @BitMEXResearch]

ONE HUNDRED THOUSAND B2 BOMBER BACKED UNITED STATES DOLLARS PER BITCOIN

[WhenToken @token_when]

Persian gulf is 30% of oil production of the world, 50% of reserves. If there will be a problem - prices will go up, lowering funding rate will not help. It's one-sided bearish event. Good news is that Iran's main oil port is located there as well.

[WhenToken @token_when]

ML is mechanism for brute forcing a function that makes what you need. But it's not exciting. Where is the soul? Where is the second advent?

[WhenToken @token_when]

@0xSharples Nope. According to RWA xyz Base is far away from 2nd place

[Real World Asset Watchlist @RWAwatchlist_]

🚨 LARRY FINK: I’M A HUGE BELIEVER IN CRYPTO AND TOKENIZATION 🔥

“i want the SEC to rapidly approve tokenization of rwa”

BIG BANKS LOVE #RWA 🚀

[WhenToken @token_when]

@GMHikaru Insane game, If it was betting event people would be absolutely mad

[WhenToken @token_when]

Inflation (emission) is a form of taxes as well, but in case of the US they are charging everyone in the world

[WhenToken @token_when]

A number is a division of space-time. A symbol is a division of space-memory.

[WhenToken @token_when]

If your purchase is thesis driven, you shouldn't sell before it wasn't refuted. Average the position. If you realize that your thesis is bullshit - sell stock whenever. If it was justified - take profit.

[WhenToken @token_when]

I bet there will be companies with tokamak energy tech in future, very similar fantasies with quantum

[WhenToken @token_when]

I think the problem with gambling lies in illusion of undeserved profits. That's why it's so similar with nicotine/alcohol addiction. If you don't believe in yourself, you will be looking for the way to trick the destiny. But life always collects debts.

[WhenToken @token_when]

@hasufl Financial networking needs trust and users centralization to make added value. You need to move with all your contacts. Looks like $ETH has best chances for now.

[WhenToken @token_when]

We can look at gold and money in general as an instrument for taxes. In this case face of debt holder on coin is relevant

[WhenToken @token_when]

I hope Trump has a plan to tokenize the US market and sell it worldwide

[WhenToken @token_when]

Everyone needs oil and dollars to buy it. Because the US is protecting trading paths. And prints dollars... We'll be fine

[WhenToken @token_when]

Tariffs are effectively taxes. So people have less money, snp500 has less profits. Let's wait until taxes are cut elsewhere, as well as subsidion. This money flow change can't happen without friction. People will loss their jobs, profits will go somewhere else.

[fiddy.dime - priv/acc 🦡 @fiddybps1]

More Leverage + No Liquidations

The Magic of Perpetual Options 🔥

The big take away from my post last year on why options have not boomed like perps was that we need to simplify options to fit within the perpetual futures framework. The beauty of the perp framework is traders only need to care about:

Entry price
Exit price
Funding paid/received

So we built Perpetual Options, which do exactly that.

The beauty of Perp Options is that perp traders don’t need to change how they think or trade. If you trade perp futures, you’re basically just trading leveraged spot.

And the cost of that leverage is the funding rate (basis).

The problem with leverage is that if the price moves against you, you get liquidated unless you post margin.

Now what if I told you that, for a few extra basis points in funding, you can eliminate that downside?

That’s what Perpetual Options do.

With perp options, the funding rate now includes two components
+ the cost of leverage (basis)
+ the cost of insurance or price protection (convexity)

In return, you get
+ MOAR leverage (OTM options give you >100x )
+ NO liquidations (by price)

The tradeoff is higher funding

It sounds almost too good to be true, but it’s real, and we think we’ve nailed the design.

Look at the image below—it looks like a perp.

And that’s the point. All you care about is:

+ Entry price
+ Exit price
+ Funding

Retardio proof

P.S. In the screenshot, we include the perp futures funding next to the perp options funding, so you can see exactly how much extra you're paying for the “insurance.” That difference between the two is the cost of convexity........expressed as a funding rate