SHADOW

This pumps 10% when Link dumps 10%, in short.

idk what the fuck this is but it seems to go up when link goes down

why wouldnt i just short link

Safex >>> shadowlink

WHEN EXCHANGE?

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now this is how I will make it

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This is just the first project developed in a soon to be expansive "Shadow Ecosystem", other projects will be shadowforked, joining in over time.

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why not short link instead nigger?

yeah

give me one good reason

i dont have to trade on gay cexs

youtu.be/O8IavGgtQMA

read the whitepaper retards

Alright, I know you won't so here:
Shorting requires keeping your funds on a CEX and KYC, not everyone's a fan of spreading their asshole for big papa gov.
You're welcome.

I was hoping someone would catch this
click the site ;3

What happens if the prices rises more than 100%? Do I get additional Token?

True, you can’t really short on a cex without kyc and giving them a red flag to say you own crypto

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>getting rugged
vs
>getting cryptopia'd
ill take my chances with the latter
thanks

Githubs public if you want to take a gander
People in the US cant really leverage trade without going through hoops either.

I would rather kms than short link

are you the creator

>literal stolen bizonacci asset as your logo
I hope you chinks rot in a cultural enrichment gulag

It's a direct reference, not exactly hidden. It's even called Shadow lol
nah

this will surely 100 times

Thank you for your support, Rankesh. I hope your village eats well, sir.

not chinamen

looks like a bunch of indians

bud its a joke
Sorry for not mentioning earlier, release is slated for this week.

Excerpts from the whitepaper:

>Elastic supply tokens pegged directly to various assets have paved a new avenue for synthetic commodities. While some projects, such as AMPL, have demonstrated exceptional success with their countercyclical economic policies. DeFi protocols such as SBTC, xETH, SYFI, and many others, have ultimately failed to prove their viability in the market — leaving early enthusiasts, presalers, and HODLers with a bad taste in their mouths.
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>The team of developers at SHADOW have been reinventing how these tokens work by considering a key factor other projects have failed to address — utility. While some of these projects have succeeded in generating much attention through guerilla marketing, their ultimate failures can be attributed to a lack of inherent value. Over the course of the past few months, we’ve learned that pegging a token to an existing asset does not instantaneously generate equivalent value. The argument at SHADOW is that in order for a pegged synthetic asset to create and maintain value, it must provide some utility to its community and holders.

>The goal at SHADOW is to provide the community with a new way to hedge against Chainlink using the idea of inverse pegging. The natural question to ask, is what does this even mean? Here’s how the team of developers at SHADOW explain inverse pegging:

>Let’s say that we want to create a certain relationship between SHADOW and LINK. We can start by representing the former using the variables y and x, respectively. Since the inherent value of either is subject to change, and we know that the variable y depends on the variable x, we can model this scenario using a simple inverse function. (pic rel)

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>Y(x) represents an exponential decay function, where the independent variable (x-axis) is represented by the LINK USD price. The dependent variable (y-axis) is the price point of the inverse peg. This is where SHADOW will ultimately peg to. (pic rel)

>Ultimately, the protocol in the contracts we deploy will be much more intricate than the function you see above. It has a plethora of other factors, such as dampening functions to protect against drastic market and LINK price fluctuations. The inverse peg is one of SHADOW’s unique takes on rebase coins, which has not yet been explored in other DeFi protocols. Many blockchain developers are pouring research into developing ways to short ERC-20 tokens on decentralized exchanges. The main exchange for SHADOW, Uniswap, sees around 300 million USD in volume daily. This highlights the need for a form of option trading on Uniswap — this is where SHADOW comes in. The question that stands — can we use the inverse peg to create a method by which a community of users can hedge the direction of LINK?

Sorry, from the medium*

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