Illya Gerasymchuk
Financial & Software Engineer
The DeFi margin for futures contracts differs from TradFi margins, by:
The DeFi margin for futures contracts differs from TradFi margins, by:
1️⃣ Gradually increasing over time
2️⃣ Ensuring full collateralization by maturity
3️⃣ Delaying full payment
TradFi margin's main goal is to cover daily settlement gains/losses of the futures position
Each position (long and short) is subdivided into several fungible tokens, which can be traded independently
The native token support of Mina Protocol blockchain means that a smart contract encodes both: the futures agreement, and its tokenization 🪙