Hello fellow bees,
today there was a significant drop in the value of "Bricks on DAI’, the token that was imported from Ethereum testnet to xDai.
It made me think that currently the xDAI ecosystem lacks a way to ‘short’ (i.e., bet money on the value drop of) a token.
Shorting and Longing platforms would probably contribute to an healthier trading ecosystem, and make it harder to pump to the moon ‘shitcoins’ (note: I am not claiming the Brick is a shitcoin).
So I would like to ask if there is:
DISCUSSION: is there, potentially, some interest of the 1Hive community to bring to xDai-Network some borrowing platforms such as, for example, Aave (https://aave.com/) ?
EDIT: Very interesting news related to this post has just been posted in the xDai discord: https://perp.fi/ (allowing long and shorts) has chosen xDai for scaling its offer! cool!