Discover and read the best of Twitter Threads about #capitalize
Most recents (1)
We are creating a price prediction market for stakers of $BTRFLY. This way, those who wish to hold their BTRFLY long term can #capitalize on short term price movements. Let’s look at a couple examples... 🧵
2/Let’s say you think that $BTRFLY is going to be $10,000 a token in a year, but you feel like there are some negative short term catalysts coming. Simply predict "short" on @entropyfi, only risking your rebase rewards. If the price goes down, you earn money and hedge your bet.
3/If the $BTRFLY price goes up? You lost some rebase rewards but your holdings still appreciated in value. This can be defined as a ‘soft hedge’ because of the lack of risk being taken in comparison to actual leveraged products.
