AnyHedge: stability in Bitcoin Cash
AnyHedge is a decentralized protocol, designed by General Protocols, whose main objective is to enable financial hedging in Bitcoin Cash, creating an economic incentive for both parties. The main use is to “freeze” the value of Bitcoin Cash in terms of dollars, but it is also possible to do so in any fiat currency or financial asset, such as gold.
This is a type of smart contract already available on the Bitcoin Cash network that facilitates the possibility of certain decentralized finance transactions on the blockchain, without the need for an intermediary and minimizing counterparty risk.
On the other hand, since each of these contracts is made up of two parts, it allows speculation on a possible increase in the nominal value of Bitcoin Cash, offering the possibility of leverage.
External links
Official website: https://anyhedge.com/