Easy Hedge for Your Cryptocurrencies
Options and other derivatives have been tried in a decentralized manner, but have struggled due to lag in settlement and other technological limitations that come with blockchain. Digital financial tools greatly rely on relational databases due to complex business logic that requires advanced querying, something that blockchains simply cannot do – that is, until Hedget came along.
The option products offer a decentralized price hedge against users’current crypto holdings.
Hedget could be offered to lending protocols as a security feature against user position liquidation.
The price that users need to pay to acquire the options are much lower than to hold actual positions, so that allows users to trade on leverage with greater capital efficiency.