0 sats \ 2 replies \ @nerd2ninja 3 Aug 2022 \ parent \ on: Galoy Brings U.S. Dollars To Bitcoin’s Lightning Network bitcoin
I thought of this idea too, but aren't the long and short things funky where you can get liquidated both ways?
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0 sats \ 1 reply \ @2big2fail 3 Aug 2022
collateralize the short with the long and the long with the short.
if short goes down 2x then long would be up proportionally and no liquidation
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0 sats \ 0 replies \ @nerd2ninja 3 Aug 2022
Yeah but, I mean a situation in which the price goes down quickly and liquidates your long, then goes up quickly to liquidate your short.
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