0xen 🎩
@0xen
Has anybody here discussed this? How does this work? https://x.com/0xmert_/status/1937864739494797466?s=46&t=Yy6048FIfLRlntFA3yXpnw
3 replies
1 recast
8 reactions
Peter Kim
@peter
yeah super curious how they are allowed to do this
2 replies
0 recast
3 reactions
Peter Kim
@peter
1 reply
0 recast
2 reactions
0xen 🎩
@0xen
So only 5m?
1 reply
0 recast
2 reactions
Peter Kim
@peter
feel like the volume could be wild though
1 reply
0 recast
2 reactions
0xen 🎩
@0xen
Could be but gotta think most buyers would be long term holders and that 5m would cap out really quick
1 reply
0 recast
1 reaction
Peter Kim
@peter
ok you're not buying actual equity but essentially a synthetic derivative based on a future event @ace and I tried building something similar last year with offmarket.fun but I guess this is a more interesting interpretation of it since it comes off as "real" shares even though it's not
0 reply
1 recast
2 reactions
