Implement short positions on Iconomi
Iconomi platform--perhaps intentionally--is quite limited for navigating downturns in the market. Strategists' options are limited to escaping to stable coins or maybe PAXG. In this aspect Iconomi is falling behind competitors or near-alternatives. At the very least some simple products such as Short 1x of assets (without leverage or maybe with reasonable leverage up to 3x), perpetual futures/swaps for short positions need to be added. These products are readily available on CEX'es implemented by Iconomi and should be simple to add.
Hi, we believe the feature you are describing is actually a pair of features. Let's check if we got it right what you are proposing:
1) trading with leverage
trading with leverage is a fast way to gain or drain someones trading account. While this might be a good feature for single assets, it could turn out to be a "dangerous" one since strategist would put copiers' funds in the same trade.
Would a shorting feature for single assets (not strategies) be OK ?
2) shorting without leverage or 1x leverage
If a user would be shorting e.g. BTC with a leverage of 1x, this actually means he is selling BTC now and will buy the same amount in the future. This is the same as selling BTC to stable and buying BTC in the future at a lower price. This is already today possible for single assets or strategies.
Did we get it right?