jesse.base.eth 🔵 on Warpcast

Content pfp

0 reply

26 recasts

26 reactions

jesse.base.eth 🔵 pfp

jesse.base.eth 🔵

one thing i'd really like to see built on @base is a fully onchain gas price futures market. i'm not sure what exactly this looks like, but it feels like a key building block for a bunch of stuff we want to do. if you are building this, please reach out.

18 replies

16 recasts

288 reactions

BrixBountyFarm 🎩 pfp

BrixBountyFarm 🎩

inherently this makes sense... if you are an entity which will need to secure a large amount transactions which require gas, it would make sense to hedge your expenses akin to airline fuel hedging. though it seems better suited to more mature markets - i.e. once y'all have scaled up a bit more?

1 reply

0 recast

3 reactions

phil pfp

i would love this so i can set up hedging contracts for periods where we know we'll have large gas expenditures

0 reply

0 recast

0 reaction

lifehxc.eth pfp

I like solutions that allow to credit a few dollars to pay fees on all blockchains

0 reply

0 recast

0 reaction

tldr (tim reilly) pfp

tldr (tim reilly)

Wow I love this idea.

0 reply

0 recast

0 reaction

that’s a fugazi🤡🎩 pfp

that’s a fugazi🤡🎩

this sounds fucking nuts. what exactly are we trying to build with this?

1 reply

0 recast

0 reaction

pgpg pfp

Remember when we killed gas price futures markets via regassing storage refunds?

0 reply

0 recast

1 reaction

Skuzzy The Sparkly✨ pfp

Skuzzy The Sparkly✨

This feels like a job for @flick 🤔

1 reply

0 recast

1 reaction

Dosh pfp

would be cool to have a form of token to have free rent for block space on /base Futures market could be built off token and it and might even deter bloat on chain.

0 reply

0 recast

0 reaction

Alamalu pfp

Let me open my longs and stress test the network ser

0 reply

0 recast

0 reaction

Chris Perkins pfp

It starts with standardized benchmarks. That allows for composability so the industry has a common reference rate for the floating leg. From there, futures can follow, but “swaps”—fixed vs floating —will be better in certain circumstances. There is a two way hedging market for priority transaction fees;

1 reply

0 recast

0 reaction

Hind 🎩Ⓜ️ pfp

Hind 🎩Ⓜ️

0 reply

0 recast

0 reaction

Kiyoshi Ren pfp

So you mean you’d be able to trade gas prices?

0 reply

0 recast

0 reaction

Superthing.eth pfp

@superthing.eth

Sounds interesting, you mean to amortise and aggregate?

0 reply

0 recast

0 reaction

beast.eth 🎩 pfp

love this idea 200 $degen

0 reply

0 recast

0 reaction