create account

WLEO Futures? Let's try it. by clayboyn

View this thread on: hive.blogpeakd.comecency.com
· @clayboyn ·
$12.03
WLEO Futures? Let's try it.
<center>https://cdn.publish0x.com/prod/fs/images/af6a1ab01a84329e289eb1c069770c10b03b028d3a0f899558200741eca3e2ce.png</center>
- - -
Ok so it's been quite a week for my predictions.  I'm going to have to wait till the end of the month to see if I'm right about RUNE or not, but I've yoinked a fat stack of PAL from @nealmcspadden's Splinterlands market and @aggroed's bearish BTC bet.  One thing has been perplexing me though.  I've been wanting to make a LEO market as I've recently started stacking it, but I couldn't think of a way to make a fair market that couldn't be easily manipulated via Hive-Engine's low liquidity.

This is where WLEO comes in.  I've been keeping an eye on WLEO and made a few moves when the chance for arbitrage presented itself.  I'm noticing that, while it does have swings, it would be significantly harder for someone to manipulate the price and could make for a much more interesting prediction market than going full degen on the Hive-Engine price speculation.
<center>![image.png](https://images.hive.blog/DQmYjm7ACnEDGc8XEFvPPtyvyUotBLz6ZZN6uZL8sUQR3Fz/image.png)</center>
You've got about 8 days to get in on my [WLEO market](https://dublup.io/market/01EZRS2QE680W5MW5QT191P7DS) if you want to join and I also made a new [ETH market.](https://dublup.io/market/01EZRR8QT7FCTAAKP7HPH5996N)  I have quite a bit of PAL to burn, so if you want a market made for something that you plan to participate in, you can suggest it in the comments and if I think it has potential I'll put it together and cover the burn fee.
<center>![image.png](https://images.hive.blog/DQmTNTqmJBLb5Q9w76Q7JxWNbmtaxbWozqeJDxo4x3kTL8U/image.png)</center>
I think this is a pretty fun way to play futures within the HIVE ecosystem and without having to deal with external exchanges and leverage.  Doing the whole oracle thing has been pretty good return for minimal effort as well.  I also like the idea of having trusted community members being the oracles instead of hoping someone like CZ isn't naked leveraging against me on Binance.  If you're feeling particularly Bullish or Bearish on WLEO, well here's your chance to potentially earn on your foresight.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@clayboyn/wleo-futures-let-s-try-it)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 112 others
properties (23)
authorclayboyn
permlinkwleo-futures-let-s-try-it
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["dublup","hive","palnet","leofinance","wleo","eth","predictions","predictionmarket"],"canonical_url":"https://leofinance.io/@clayboyn/wleo-futures-let-s-try-it","links":["https://dublup.io/market/01EZRS2QE680W5MW5QT191P7DS","https://dublup.io/market/01EZRR8QT7FCTAAKP7HPH5996N"],"image":["https://cdn.publish0x.com/prod/fs/images/af6a1ab01a84329e289eb1c069770c10b03b028d3a0f899558200741eca3e2ce.png","https://images.hive.blog/DQmYjm7ACnEDGc8XEFvPPtyvyUotBLz6ZZN6uZL8sUQR3Fz/image.png","https://images.hive.blog/DQmTNTqmJBLb5Q9w76Q7JxWNbmtaxbWozqeJDxo4x3kTL8U/image.png"]}
created2021-03-02 06:43:03
last_update2021-03-02 06:43:03
depth0
children2
last_payout2021-03-09 06:43:03
cashout_time1969-12-31 23:59:59
total_payout_value6.806 HBD
curator_payout_value5.226 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length2,270
author_reputation279,588,378,037,837
root_title"WLEO Futures? Let's try it."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id102,139,954
net_rshares28,667,634,511,387
author_curate_reward""
vote details (176)
@belemo ·
I keep thinking about the arbitrage thing. Doesn't Eth network fee just screw it all up when wrapping? 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@belemo/re-clayboyn-6x7ic8)
properties (22)
authorbelemo
permlinkre-clayboyn-6x7ic8
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@belemo/re-clayboyn-6x7ic8"}
created2021-03-02 07:56:39
last_update2021-03-02 07:56:39
depth1
children1
last_payout2021-03-09 07:56:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length196
author_reputation999,168,771,732,181
root_title"WLEO Futures? Let's try it."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id102,140,698
net_rshares0
@clayboyn ·
Not if you're doing enough volume.  I was able to get LEO for $0.57 by unwrapping WLEO the other day, but I had to buy in bulk.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@clayboyn/re-belemo-5zjunt)
properties (22)
authorclayboyn
permlinkre-belemo-5zjunt
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@clayboyn/re-belemo-5zjunt"}
created2021-03-02 08:25:12
last_update2021-03-02 08:25:12
depth2
children0
last_payout2021-03-09 08:25:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length220
author_reputation279,588,378,037,837
root_title"WLEO Futures? Let's try it."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id102,141,002
net_rshares0