Short Tokens Definition
This is experimental at the moment
These tokens are called inverse-price tokens, and they're designed to track the inverse performance of their underlying asset, such as Bitcoin or Ethereum. Here is an example of how an inverse-price token could work:
Let's say we have an inverse-price token for Bitcoin called "InBTC." If Bitcoin's price is $50,000, then InBTC's price would be $0.02, because it's designed to track the inverse of Bitcoin's price. If Bitcoin's price were to drop by 10% to $45,000, then InBTC's price would increase by 10% to $0.022. In this way, investors who hold InBTC are effectively taking a short position on Bitcoin, meaning they profit when Bitcoin's price goes down.
Inverse-price tokens can be useful for investors who want to hedge their positions against market downturns or who want to profit from short-term price movements. However, it's important to note that inverse-price tokens are not without risks, and investors should carefully consider the potential risks and rewards before investing in them.
More details coming soon.