Structuring Blobspace Futures for Fun and Profit
This post is a continuation of my previous exploration into blobspace derivatives. The primary focus of this blog post is on the sell side: managing the risk that sellers undertake, identifying conditions under which manipulation may be profitable, and determining the appropriate risk premium that sellers should charge. This approach is inspired by Julian Ma's post for next-block base fee options. Next-block options are less applicable for rollups hedging blobspace, since rollups can oft...
Structuring Blobspace Futures for Fun and Profit
This post is a continuation of my previous exploration into blobspace derivatives. The primary focus of this blog post is on the sell side: managing the risk that sellers undertake, identifying conditions under which manipulation may be profitable, and determining the appropriate risk premium that sellers should charge. This approach is inspired by Julian Ma's post for next-block base fee options. Next-block options are less applicable for rollups hedging blobspace, since rollups can oft...
Introducing Ethereum Blobspace Derivatives
Thanks to Barnabe Monnot (@barnabemonnot), Lane Rettig (@lrettig), James Prestwich (@_prestwich), Yuki Yuminaga (@ballsyalchemist), Sydney Huang (@0xSydney), and Neel Somani (@neelsalami) for the comments, collaboration, and review. tl;dr: I am developing financial markets for Ethereum blobspace, designed to increase efficiency around price discovery and improve the user and developer experience for data publication on Ethereum. Blob gas fees skyrocketed over 10,000%. Volatile price fluctuati...
Introducing Ethereum Blobspace Derivatives
Thanks to Barnabe Monnot (@barnabemonnot), Lane Rettig (@lrettig), James Prestwich (@_prestwich), Yuki Yuminaga (@ballsyalchemist), Sydney Huang (@0xSydney), and Neel Somani (@neelsalami) for the comments, collaboration, and review. tl;dr: I am developing financial markets for Ethereum blobspace, designed to increase efficiency around price discovery and improve the user and developer experience for data publication on Ethereum. Blob gas fees skyrocketed over 10,000%. Volatile price fluctuati...
