Re:Fake Tesla, Apple stocks have started trading on blockchains
by minitoar on Wednesday July 07, 2021 @02:00AM
(#27757893)
Right, in lieu of that these schemes use a variety of different mechanisms. One way is you can mint the derived asset at a price oracle by staking other tokens. If the synthetic spot price is too high, you can sell your newly minted asset for more than you staked. If itβs too low, you can mint an inverse asset and sell that for more than you staked.
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