Beanie
FWA in a nutshell: Buy one spin at 1.1× the pool's harmonic mean and expect 0.85× back. Depositor...
2 hours agoBeaniebeaniemaxi
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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The post discusses the mechanics and participant P&L of the protocol FWA, noting that depositors effectively write free options and the total participant P&L equals the protocol rake. It mentions a token that bridges the value gap, acting as a claim on the project's continuation. No specific prices, timeframes, or additional tickers are stated.

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Beanie

Beanie

By beaniemaxi

Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.