5 thoughts on BitDEX and Priceless Financial Contracts

The financial engineering team at UMA has been thinking about BitDEX and Priceless Financial Contracts for a few months and published a research paper with more details on the underlying concepts. There are a few notable features worth pointing out: Centralization Tradeoffs as Features vs. Bugs Privacy Enabled by Pseudonymity Extension to Fiat-based Trading Platforms …

Hedging DeFi interest rate risk on-chain

This is part of an ongoing series of blog posts about financially engineering derivatives to be secure in DeFi. Derivatives have had decades (centuries?) to grow on their own, finding their relevant niche within the jungle of the traditional financial services industry. But in the adversarial blockchain environment, we need to ensure that counterparties can …