Hello, can the hedge fund provide any guarantee on the NMR price to mitigate currency risk?
I was thinking of staking my model a week ago, but thought crypto may drop in price with the incoming market situation. I luckily was not exposed to the drop in price.
Can the hedge fund guarantee some floor on the price? Otherwise I am not sure if I will be able to make sufficient corr/mcc return to compensate. I am also open to the idea of purchasing insurance.
I believe the main reason to hold NMR is to participate in this tournament. Because our participation would be important for the fund’s meta model, it seems the fund’s interest and ours should align to create a more stable currency for staking.