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RE: The importance of option Extrinsic and intrinsic value in options trading.
How DeFi on Steem blockchain could help you hodl Steem and Bitcoin or ETH or Tron.
If Tron Foundation put a clone of JUST here and called it SUN
It would run like the MakerDao, except...
Steemians could transfer their Steem to this new credit debt facility called Sun, to created wrapped Steem called WSteem. We could then borrow OUR native dollar pegged stable coin called SBD, which is called Steem Backed Dollars, then we could transfer our SBD to the Tron based exchange called JUSTSWAP, where we we could use our stable coin SBD to buy ETH or Bitcoin.
Then we could hodl Steem and Bitcoin or ETH.
This means other altcoins could also be transferred to JUSTSWAP to trade for SBD and then buy ETH, BTC or Tron TRX.
Any updates as to whether or not this is what is happening? It's odd to me that Justin never mentions STEEM any more when mentioning his Tron Ecosystem coins, thoughts?
https://steemit.com/hive-101145/@jondoe/any-idea-why-justin-sun-keeps-failing-to-mention-steem
The silence is of concern. Although it may reflect the large amount of activity at Tron; Just, JustSwap, and now Sun. I will check github for further hints
Looks like there is still some development going on but it is incredible slow compared to how fast Sun and his team usually move. I don't understand the lack of including STEEM when he talks about his ecosystem and I don't understand why we got an announcement about steem and justswap and then silence for 2 weeks while it rolled out without STEEM...
I have researched Steem wallet github. There are several instances of repository creation for Tron link and Tron wallet. This code is used to create transfer capability in between a Steem wallet and Tron wallet, such as Tron wallets which exist on Just and Justswap. This is a curious development as wallets are usually for a single cryptocurrency. Sending a cryptocurrency to the wallet of another wallet usually results in the permanent loss of the cryptocurrency. I believe there may be some multiple cryptocurrency wallets in existence, but I am not aware of them. It is more likely that the Tron team is building a GUI or graphic user interface in the Steem wallet to transfer Steem to a Steem wallet or they are doing something new like anintrawallet Atomic swap, where you send Steem to a Tron wallet because you are swapping mid transfer. This is only one possible explanation, but I mention it because Justin Sun mentioned Atomic Swaps in the February AMA, or should I say his spokesperson said Justin Sun would be making history with the first cross-chain atomic swaps making blockchain history.
Hopefully that is what is going on. It sure would be nice to get some announcements from them on the matter though. Nothing but silence for weeks.
https://steemit.com/whensteem/@shortsegments/justin-sun-just-justswap-tron-defi-ecosystem-development-and-when-steem
but i heard that there were platforms before as well to transfer few of our funds.
anyways it's interesting and useful.