Quote from: Crestington on May 16, 2015, 03:42:30 AM

Quote from: Matlock on May 16, 2015, 03:37:10 AM

Quote from: suchmoon on May 16, 2015, 03:28:36 AM

Quote from: Matlock on May 16, 2015, 03:06:58 AM

wait wait wait... Where is the 100% proof of me dumping coins on the exchanges?

Oh, the man himself. Can you point me to some details about the xpy.io hedgers? I don't get the part where you pay e.g. a 10% fee for a ~6% gain in 3 months.
http://i.snag.gy/o8zaW.jpg

Yeah the purpose of this is for people to be able to invest in XPY while completely sharing in the upside verses limiting the downside to a maximum of 10 percent loss. In this account you would need XPY to gain 5 percent to makeup the paid fee.

a good explanation for some people can be found here. http://www.investopedia.com/terms/h/hedge.asp

These are really limited due to the fact its basically shorting XPY for the purpose of us trying to create a protection of sorts for new or current investors. It was started as a pilot to see if this would be something someone is interested in. So far most people are just confused. So maybe the financial move is probably a little to confusing. Ultimately the Goal of this program is to try to create hopefully winning situations for investors into crypto... or at minimum create limited downside propositions.

How is transperancy being handled with xpy.io? I think the idea makes sense but in order for it to even have a hope in succeeding there needs to be transparency for it's holders, what will hurt you the most is people not knowing.

Im with you there.. they are encoding a live asset to liabilities graph and alongside that posting those addresses. The only issue here is that even those numbers could be fudged... and they could lie about the liability side of it. So beyond showing some trusted members of the community and or outside the community the actual debt/liability balance im not sure what could be done. Ive been told they are open to that btw.