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Tomorrow, at ~4 pm EST the Initial Bond Curve Offering (IBCO) for the @HegicOptions HEGIC token kicks off for 72 hrs.I've been a Hegic user and continue to believe ze' on-chain options powered by #Ethereum demonstrate real promise for p2p finance.
The most interesting aspect of this launch is there's no rush to bid over 72 hrs.
Every HEGIC IBCO participant will have the same price.
During the IBCO contributors' liquidity will be pooled.
It means there will be no difference in settlement prices for the contributors.
Every HEGIC IBCO participant will have the same price.During the IBCO contributors' liquidity will be pooled.It means there will be no difference in settlement prices for the contributors.
Here's how contributed funds will be used to bootstrap liquidity pools for ETH and WBTC options on @HegicOptions:
Anything can go wrong so approach this with caution. I have no insight into how safe or unsafe these smart contracts are for the IBCO.DYOR and make your own financial decisions. I have zero partnerships or incentives behind this but I am fascinated by Hegic options.
Oh and duh... here's the link to Hegic what I showed in the first tweet was by clicking on Token Holders in the navigation bar: https://www.hegic.co/#hedge
