/biz/ - Business & Finance

>>53256356
The rundown is that tokenomics look deceptively bad but are not really. The only emissions are only 2M or so tokens per year to incentivise the option pools. There are 50M circulating tokens that serve no clear purpose and there are discussions about what should be done with them, including burning them, but they do not have an emission schedule. And of course, there are no VCs to dump on you.

I wouldn't be holding this if bad tokenomics were a concern.

>>53256448
7-10x sometime this year.

Hundreds of copy paste GMX clones emerging is how you know that the on-chain perpetuals trade is over. It's time for on-chain options.
If you don't understand this, I don't have time to explain it to you.

>>53102939
>I believe it. When I was searching up stuff on twitter about premia, a lot of the posts mentioned DPX in the same post.
You must really be out of the loop to have never heard of dopex. Look up tetranode on twitter, it's his vanity project. It would be nothing without him. Premia didn't have any of the shills or attention and even without that the platform does something like 7x as much volume as copex with much less TVL and a much lower marketcap.

>What do you mean by this?
https://en.wikipedia.org/wiki/Bucket_shop_(stock_market)
"an office with facilities for making bets in the form of orders or options based on current exchange prices of securities or commodities, but without any actual buying or selling of the property"
No actual buying or selling of options takes place, it's all on paper and then at the end of the day profits and losses are accumulated against the liquidity pool and traders are paid or lose money accordingly. So if a trader or several traders come along one day and make an insanely profitable trade, the pool can be drained and the protocol will go broke. To prevent this they have limits on the amount of liquidity that can be used at any given time (so that even if every single trader makes money on a given day the entire pool won't be paid out in profits), which means that a certain percentage of all deposits to the pool must always remain unutilised which is inefficient. The larger the protocol grows the more of this insurance unutilised capital that you need, so past a certain point it just doesn't scale.