Futures pricing is deterministic, and its main goal is to prevent arbitrage: ๐ฐ Futures Price = Spot Price * e^(rT) - r: risk-free rate (e.g., $MINA staking yield) - T: time to maturity This formula approximates pricing at maturity in both TradFi and DeFi ๐งฎ
๐ฆ Traditional futures require centralized clearing houses On the blockchain, smart contracts eliminate intermediaries, enabling decentralized peer-to-peer agreements Example: A contract to trade 1000 $MINA for 2000 $USDC in 1 year, regardless of future $MINA price ๐