0 sats \ 1 reply \ @mallardshead 11 Feb 2023 \ on: Fully Collateralized Options Contracts on Liquid bitcoin
Seems like a good idea for large players if they're interested, but I can't help but think after using products like LnMarkets, where I can trade derivatives non-custodially in an account I can set up and fund in under 30 seconds is the future and nothing else can compete. The only issue currently is just the constraints of the Lightning Network itself.
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0 sats \ 0 replies \ @kristapsk OP 11 Feb 2023
It's not non-custodial while your sats are in LNMarkets.
Synthetic stablecoins of LNMarkets is also cool idea.
For short term we must think about best ways how to hedge BTC/fiat price volatility for merchant adoption. Hedging that makes sense even if you as a business owner are BTC maximalist and believe in hyperbitcoinization, as your daily expenses are most likely fiat denominated.
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