Kay Capital
Kay Capital|Apr 11, 2025 14:12
The VC for hedging is actually a leek, because the legal effect of SAFT/SAFE is just that. If you unlock it, can you still say no? Since unlocking cannot guarantee it, then you still need to hedge it. The so-called hedging is what you need to ensure that you can harvest on time. In this sense, except for the guarantees provided by smart contracts, which are all fake, the vast majority of them are "artificial" smart contracts that require manual coin transfer. You're just empty handed, leek. I have a bunch of 50% off OTC deals here, do you dare to take them.
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