Trading Any Asset On-chain with Ostium

Introduction to the concept of funding rates and the importance of being a decisive decision-maker and understanding risk management in various fields.

Discussion on historical markets like Commodities and the importance of building new infrastructure for real assets in the current world.

Introduction of the guests, John Woo and kadora, along with their background and expertise in financial innovation and ballet.

Insights into decision-making processes, particularly in transitioning from ballet to entrepreneurship, emphasizing quick and decisive decision-making.

Comparison of decision-making approaches in ballet and business, focusing on intuition, rationality, and calculated decision-making.

Explanation of the innovative approach in asset trading, focusing on non-custodial platforms, incorporating real assets, and utilizing Oracles for price sourcing.

Discussion on the challenges in creating market structures for commodities and indices, emphasizing the need for optimized products for various asset types.

Considerations on regulations, product availability in different jurisdictions, and target markets for the platform.

Insights into the role of writing and communication for founders, highlighting the value of expressing thoughts and ideas effectively.

Explanation of the competitive advantage in incorporating traditional assets and the importance of Oracles in providing real-world asset pricing for the platform.

Discusses the number of data sources needed, referencing contracts, handling CME data, out-of-market hours, standard for outlier exclusion, and transitioning between different contracts.

Highlights the challenges with existing oracles in accounting for out-of-market hours and the need for flexible infrastructure to address such issues.

Explains the solution implemented to handle out-of-market hours data by moving it to the node level and including it as a parameter in the price report.

Discusses traditional methods of handling market trading strategies, such as blocking trading in front-end UI and overriding Oracle prices.

Details the importance of node-level data aggregation and consensus logic to account for market hours data and price reports across nodes.

Explains the stack structure for pole-based oracles, including data sourcing, aggregation, consensus logic, price report generation, and verifier contract leveraging Stor Network.

Lists the assets on testnet, including crypto assets leveraging Chainlink data streams and real-world assets like G10 FX, metals, energy, and non-US indices.

Discusses the market maker partnerships in the pool-based automated market makers (AMM) system and the role of market makers in providing liquidity.

Explores potential partnerships with platforms managing institutional liquidity and the significance of cross-platform arbitrage and liquidity cycle reinvention.

Introduces the concept of 'per-fication' as a professional-first approach to onboarding non-digital assets on-chain, contrasting it with tokenization and emphasizing its alignment with user needs and market disruption.

Forecasts the evolution towards 'per-fication' as a primary method for onboarding assets on-chain, surpassing tokenization, and aligning with market trends and user trading behaviors.

Emphasizes the importance of fostering community in traditional businesses and the crypto space, drawing parallels to the role of community in unlocking growth and user engagement.