Illya Gerasymchuk
Entrepreneur / Engineer
🔐 Smart contracts on the blockchain enable full tokenization of futures contracts 📈 Both long and short positions become tokens, representing a "promise of future asset or money" This allows partial selling of positions, increasing liquidity, flexibility and reducing risk 💧
Futures pricing is deterministic, and its main goal is to prevent arbitrage: 💰 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 🧮