Essential for TGE New Token Offerings: BNB Hedging and On-Chain Borrowing Beginner's Guide
Recently, many people know that participating in TGE new token offerings is almost inseparable from BNB.
But the problem is—BNB is getting more and more expensive,
Once the price “waterfalls” after the new token offering, the losses may exceed just the amount from one airdrop!
So what should we do?
✅ The simplest method is to hedge,
✅ The most reliable method is on-chain borrowing (using Venus as an example)
💡 1. Basic hedging strategy
1. Operation method: Buy 3 BNB in spot, and simultaneously short 3 BNB at the same price on the contract side.
2. Pros and cons:
- Pros: Risk hedging, locking in prices.
- Cons: The transaction fee for both spot and contract is about 6U, and if operations are not synchronized, losses can be even greater during fluctuations.
