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I'm developing the LPT Futures project, building open-source tools to sell Livepeer Tokens which are bonded to the network.
I started a Telegram channel and am testing a v0.1 contract exchanging $LPT for $DAI.
Join our community: t.me/lptfutures
#lptfutures
I started a Telegram channel and am testing a v0.1 contract exchanging $LPT for $DAI.
Join our community: t.me/lptfutures
#lptfutures
How: Alice promises X $LPT before block P, in exchange for Y $DAI up-front. Alice puts Z $DAI collateral.
Bob puts Y $DAI.
Alice can now unbond X $LPT & wait the unbonding period, then deliver.
If Alice doesn't deliver by P, Bob claims Y + Z $DAI
Thanks @MakerDAO
#lptfutures
Bob puts Y $DAI.
Alice can now unbond X $LPT & wait the unbonding period, then deliver.
If Alice doesn't deliver by P, Bob claims Y + Z $DAI
Thanks @MakerDAO
#lptfutures
Interact with v0.1 contract on mainnet (at your own risk, ofc!): oneclickdapp.com/orlando-dilemm…
Approve contract to spend DAI: oneclickdapp.com/diamond-explor…
Approve contract to spend LPT: oneclickdapp.com/arena-touch/
Thanks to @pi0neerpat for #oneclickdapp which made this possible.
#lptfutures
Approve contract to spend DAI: oneclickdapp.com/diamond-explor…
Approve contract to spend LPT: oneclickdapp.com/arena-touch/
Thanks to @pi0neerpat for #oneclickdapp which made this possible.
#lptfutures
