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You could hedge the value of ETH in fiat markets, or you could wait until Augur supports betting with Dai.
by somebodythere 8y ago
You could hedge the value of ETH in fiat markets, or you could wait until Augur supports betting with Dai.
- theptip 8y agoHow would you hedge the value of ETH? I'm not aware of a way to short it.
- somebodythere 8y agoYou should be able to do it on BitMEX. Shorting CBOE Bitcoin futures could also get you part way there.
- MusaTheRedGuard 8y agoMultiple ways to short ETH, as mentioned by another user. Including on augur itself! See: https://augur-cfd.com https://augur-cfd.com
- theptip 8y agoSure... in theory. I'm skeptical that there is going to be anywhere near as much demand for 5x levered exposure to ETH as there is for shorting ETH.