đ
Original date posted:2018-12-27
đ Original message:
Very good point.
Two possible responses come to mind.
1. Cross-asset brokers charge a standard option premium to perform the brokerage. I can't tell if you think this is totally broken or if it's just sad. I don't understand lightning well enough to figure that out on my own - could you expand more on what effects this would have?
2. Cross-asset brokers require counterparties to issue them a symmetric but slightly more out-of-the-money call, which they can redeem in the event of a large FX swing. This bounds their FX losses.
Will
âââââââ Original Message âââââââ
On Thursday, December 27, 2018 1:43 PM, ZmnSCPxj via Lightning-dev <lightning-dev at lists.linuxfoundation.org> wrote:
> HTLCs allow creation of American Call Options.
Will Yager [ARCHIVE] /
npub1dnâŚa8mgc
2023-06-09 12:53:36
in reply to nevent1qâŚ3pha
Author Public Key
npub1dnqu8va360ltnqewepgg5xqh2xdvs8t32tgvs5eaatz2ne6l2f6sna8mgcSeen on
wss://relay.nostr.bandPublished at
2023-06-09 12:53:36Event JSON
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Original date posted:2018-12-27\nđ Original message:\nVery good point.\n\nTwo possible responses come to mind.\n\n1. Cross-asset brokers charge a standard option premium to perform the brokerage. I can't tell if you think this is totally broken or if it's just sad. I don't understand lightning well enough to figure that out on my own - could you expand more on what effects this would have?\n\n2. Cross-asset brokers require counterparties to issue them a symmetric but slightly more out-of-the-money call, which they can redeem in the event of a large FX swing. This bounds their FX losses.\n\n\nWill\n\n\n\nâââââââ Original Message âââââââ\nOn Thursday, December 27, 2018 1:43 PM, ZmnSCPxj via Lightning-dev \u003clightning-dev at lists.linuxfoundation.org\u003e wrote:\n\n\n\u003e HTLCs allow creation of American Call Options.",
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