Strategy for hedging exposure to NEXO?
I was wondering if any of you have a good strategy to hedge against the 5-10% exposure to the NEXO token, while earning interest? My earnings are too small to cover the volatility of the NEXO asset. I was thinking about shorting NEXO on another platform like Binance but not sure about that strategy. I want to get as delta neutral as possible. What are your strategies?
Thanks to Kevin Rose for hosting Antoni Trenchev on the Proof podcast! 🎧 Tune in for a great conversation on #NFTs, Nexo's #NFT Lending desk, and high-yield #crypto savings, among other topics du jour.