Statement:
I am willing to pay {{new_o.stake}} {{coin_abb}} to whoever thinks that at block number {{new_o.t_block}} the difficulty will be {{(new_o.dir==0)?'above':'below'}} {{new_o.t_diff}}.
He will pay me {{new_o.price}} {{coin_abb}} if the difficulty at block number {{new_o.t_block}} was {{(new_o.dir==1)?'above':'below'}} or equel to {{new_o.t_diff}}.
*** target block may vary by 10 blocks at resolution time ***
service fee on resolution is 0.25%
no fee on cancellation
contract owners 0.125%
public resolver 0.125%
in a time window of 10 blocks before and after the target block
anyone can send a resolve command to the contract
the resolution difficulty will be the difficulty of that specific block
contract owners 0.25%
In case no one from the public has resolved the contract in the provided time frame ( 20 blocks )
we ( the contact owners ) will resolve with the precise difficulty that was on the target block
Assuming you are minning
Eth every
months
with the current difficulty.
in {{guide.time_delta*2}} months
you'll have {{guide.power *2 }} eth if the difficulty doesn't change.
Total income: {{(guide.power*2)}} eth.
Now, let's assume that after
{{guide.time_delta}} months
the difficulty rises by
%
making your mining power be {{guide.power*(100-guide.diff_up)/100}} eth .
At the end of {{guide.time_delta*2}} months
you'll have {{(guide.power*((100-guide.diff_up)/100))+guide.power}} eth.
Total income: {{(guide.power+(guide.power*(100-guide.diff_up)/100))}} eth.
A loss of {{guide.power-(guide.power*(100-guide.diff_up)/100)}} eth.
to reduce your loss in such a situation you can decentralizly lock
eth
for {{guide.time_delta}} months in the diff dapp contract
and ask back
eth.
If difficulty rises after {{guide.time_delta}} months you get {{ guide.price+guide.stake}} eth ( lock + price ).
Total income: {{(guide.power+(guide.power*(100-guide.diff_up)/100)+guide.price)}} eth.
A loss of only {{(guide.power-(guide.power*(100-guide.diff_up)/100))-guide.price}} eth instead of {{guide.power-(guide.power*(100-guide.diff_up)/100)}} eth.
If difficulty does not rise after {{guide.time_delta}} months.
Total income: {{(guide.power*2)-guide.stake}} eth.
A loss of {{guide.stake}} eth ( the lock ).
You have succefully stabilized your eth mining for an anticipated future difficulty change.
Ico season is over
kitties are passe
whats there for a HODLER to do?
Why not decentralizly lock some ether in the diff dapp contract to gain a small interest on your hodlings?
Of course there is a small risk to lose it all.
the miner above offers a {{guide.stake/guide.price*100}} % on your ether in {{guide.time_delta}} months.
Open up your Black Scholes model and check if it's worth it.
classic 61 * https://etc-geth.0xinfra.com
( Classic must be opened on different link : Classic )
ubiq
88 * https://rpc1.ubiqscan.io
( really metamask? i get 'invalid sender' )
akroma
200625 * https://remote.akroma.io
( really metamask? i get 'invalid sender' )