Core Competitiveness & Disruptive Innovation
Abstract
CoFiX V2 enables the liquidity providers to achieve perfectly hedge risks regardless of whether the market is effective or ineffective.
About Hedging
CoFiX V1.0 requires LPs to perform perfect hedging, there are several problems here: the first one is that most LPs don’t know how to hedge, or can’t do automatic hedging. Secondly, there is still a certain cost for hedging, such as the…
What is a trigger operator? When the internal logic of the contract meets certain conditions, if you want to change the state of the contract, but the contract will not be automatically realized, then external operations are needed to trigger it. This is determined by the properties of the smart…
The design of the DEX economic model is a choice between linear operator and nonlinear operator. CoFiX uses an equilibrium price, and the transaction becomes a kind of linear transformation of the portfolio management, and there is no arbitrage opportunity. Linearity also means that value…
Main changes in CoFiX 2.0:
1. Cancelation of the dividends and change to the repurchase model.
2. Introduce more mining assets in batches, such as NEST, COFI and etc.
Recently NEST was upgraded from Version 3.0 to 3.5. Some interfaces of NEST were changed, and new features were made available. Therefore access to CoFiX now requires additional changes.
One of the common causes for concern for new traders joining the CoFiX ecosystem is their lack of understanding about a…