Jay Yu 🐟
@0xfishylosopher
Businesses are fundamentally bundles of risk, operationalized.
Statebook identifies the "platonic form of a hedge" and translating that into different concrete mechanisms - stocks, options, PMs, insurance to build a universal risk transfer layer.
@lzminsky is cooking 🧑🍳
Statebook identifies the "platonic form of a hedge" and translating that into different concrete mechanisms - stocks, options, PMs, insurance to build a universal risk transfer layer.
@lzminsky is cooking 🧑🍳
Lauris@lzminsky · Sep 10Introducing Statebook: Markets for All States of the World.
For the past few months, I’ve been exploring a simple market-design question:
What becomes possible if we start with the exposure someone needs, rather than the contract an exchange happens to list?
This question is
Open quoted post →For the past few months, I’ve been exploring a simple market-design question:
What becomes possible if we start with the exposure someone needs, rather than the contract an exchange happens to list?
This question is
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