Inverse synths are back

Today, taking advantage of better system stability, we are re-launching our main inverse synths, namely iETH, iBTC and iTRX. Inverse synths are useful to hedge additional risk derivated from trading and staking on Oikos.

Inverse synths are available for trading on Oikos.exchange at the following rates (in the order of entry price, upper limit and lower limit):

• iBTC: $32,740 — $52,000 — $12,700
• iETH: $1,619 — $2393 — $845
• iTRX: $0.0358 — $0.0524 — $0.0193

How Inverse Synths work:

The price of an inverse synth is the inverse of the asset value with relation to its entry price. The formula is defined below:

2 * entry price - current price

For example, iBTC has an entry point of $32,470. If the value of BTC is $37,000, the price of iBTC will be $28,480.

Profits and losses cumulable trading inverse synths are capped by the upper and lower limit parameters. If either of these limits is reached, token holders are liquidated and exchange rates are frozen. Tokens will be tradeable on Oikos.exchange at those fixed values.

If you have any doubt, reach us on our official telegram channel.