Maybe a topic to explain how Baklava will work in the FX (and potentially MarginX) ecosystem…
Frankly, even though I’m trying to follow, I’m desperately in need to understand how synthetics work, which synthetics we’re talking about, what the risks are, how to connect and transition Old and New economics, tokenize the small business capital and open citizens to SME capital.
I sincerely think we need to educate ourselves on this matter and all the opportunities it will bring.
No MarginX is Fueled by FX, so Bava would be combined to MarginX’s Liquidity supply in some fashion on their L2 chain of FX Core of what ever they holdl value in, could be in any network of value held by MarginX, if I’m correct
There is nothing confirmed at this point. We’ve just floated the idea since one of our guys played with MarginX. but we were thinking of a model similar to GMX GLP where
Trader losses Form the yield of the vault
It wont be the same product as the synthetics we built earlier. We will be offering vault strategies and each vault is a unique strategy. not sure if that answers your question @sinainthecity@FrenchXCore
@sinainthecity It would not be a liquidity pool like on Uniswap but it will be utilising certain parts of MarginX like the fees earned from traders…to create a vault on BAVA
@LKYBOB well summed up. pretty much. but just remember, we’re just floating the idea around so we’d like to hear from the community and ofc we’re open to ideas!
also you can follow BaklavaChef and baklavaspace on twitter for updates!
@SCENE we were looking at the GMX/GLP model and decided to replicate it and replace it with MarginX market makers.
Sure! Let’s see what the community thinks then we will firm up something AND THEN VOILA , we will come up with a visual chart!
@Richard sure! we can explore that idea too! might need to apply for another round of EGF funding