3 ms·
What about Abra and their ability to delta hedge with synthetic contracts to peg your money to USD?
by mttrys 8y ago
What about Abra and their ability to delta hedge with synthetic contracts to peg your money to USD?
- JumpCrisscross 8y ago> their ability to delta hedge with synthetic contracts to peg your money to USD? What's being delta hedged?
- qeternity 8y agoDelta is the derivative of the price of an option with respect to the price of the underlying. Delta hedging is offsetting your option/derivative delta with some other source of delta, typically the underlying.
- JumpCrisscross 8y agoPardon me, I was confused about who was delta hedging what with Abra, given the paucity of non-linear anything around cryptocurrencies.