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Comment by miscellaneous

> a link to the white paper. no idea what this does/use case

From the white paper:

"Velocity is an automated system for hedging risk on asset prices. It allows anyone to establish and participate in a marketplace on publicly accessible price feeds. The platform enables hedgers and speculators to take part in a market that reduces the threat of systemic risk."

Hedging against exposure to fluctuations in asset prices is very useful and necessary to many businesses.

parent miscellaneous 10 years ago

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