/biz/ - Business & Finance

I am financially ruined

New project, DYOR. Just got in their discord. The dev made this post below here on /biz/ but no one replied (https://boards.4channel.org/biz/thread/21517009))


"Hey Anons,

For the last 3 months, I've been trying to figure out a unique mechanism for a new DE-FI ecosystem based on how to use dynamic supply adjustment, pool pairing, staking, pool mining and deflation. I finally finished it and now start trading on Uniswap today (UTC 9.30).

The project is called Blitz Finance and it is designed as a new way to design your own derivative assets, offers a shelter from the market swings and creates trading&arbitrage
opportunities by its multi-layered, self-balancing asset structure (indices, sub-hedges, sub-hedge derivatives and anchor pools).

You can read the litepaper for more information about the whole idea and how it combines different asset classes together. I am currently writing the whitepaper and it will include my predictions on how checks and balances in the underlying idea reacts on different market conditions, possible trading & arbitrage & yield farming routes through the ecosystem and how to utilize them. It will offer a general guideline for the token holders, stakers, day/swing traders, pool providers and yield-farmers on how to behave for their own short/medium/long
term interests.

I hope you like the base idea. I think it is quite novel and I am eager to see the outcomes and how market will react in the long run. I will also share my forecasts on general market
conditions (up & down trending markets, sideways markets, crash days, support&resistance zones, corrections, trend reversals etc...) in the whitepaper as well.

Website: https://www.blitzfinance.org/
Discord: C83PEZb"

Hey Anons,

For the last 3 months, I've been trying to figure out a unique mechanism for a new DE-FI ecosystem based on how to use dynamic supply adjustment, pool pairing, staking, pool mining and deflation. I finally finished it and now start trading on Uniswap today (UTC 9.30).

The project is called Blitz Finance and it is designed as a new way to design your own derivative assets, offers a shelter from the market swings and creates trading&arbitrage
opportunities by its multi-layered, self-balancing asset structure (indices, sub-hedges, sub-hedge derivatives and anchor pools).

You can read the litepaper for more information about the whole idea and how it combines different asset classes together. I am currently writing the whitepaper and it will include my predictions on how checks and balances in the underlying idea reacts on different market conditions, possible trading & arbitrage & yield farming routes through the ecosystem and how to utilize them. It will offer a general guideline for the token holders, stakers, day/swing traders, pool providers and yield-farmers on how to behave for their own short/medium/long
term interests.

I hope you like the base idea. I think it is quite novel and I am eager to see the outcomes and how market will react in the long run. I will also share my forecasts on general market
conditions (up & down trending markets, sideways markets, crash days, support&resistance zones, corrections, trend reversals etc...) in the whitepaper as well.

Website: https://www.blitzfinance.org/
Discord: C83PEZb