Introducing the Post-diabetes in Sugaryield.com

Secondary market enables real-time position entry

Catastrophes, be it natural or Medical are always a surprise, and not a pleasant one TBH. But once they occur, it is the responsibility of the pupil to decide their positions on further events. In the previous article, we went through Pre-diabetes dynamics and how many options do you have to proceed with it further. Well, now that you are Diabetic (in a medi-catastrophy) you can and must move to the next step: that is, Post-diabetes!

What is Post-diabetes

Post-diabetes is a secondary marketplace built atop the tokenized vaults of Pre-diabetes. Because collateral is locked up throughout the vault cycle, this secondary market enables real-time position entry and exit using an order accounting system. Transactions are carried out via signed transactions from the taker and are carried out on-chain using contracts from 0x Protocols once the taker has finalised them. These contracts have been tried and tested, ensuring that users enjoy a positive trading experience.

How Post-diabetes Work?

Assume Becky, a 26 years old, crypto enthusiast. Becky has the perfect sweet tooth for crypto coins. She’s smart, vigilant, and, of course, sweet! Now, Becky has deposited $1100 in BNB into a Caramel vault and gets 1 Vault Token (an ERC-1155 token) in return. She then decides to take profits at $1500, so she sets a maker limit order for 1 Vault Token on the Pre-diabetes platform for $1700. Bush, who is interested in entering the market, believes the vault token is worth $1700. He can place a market order to buy at the current market price or a limit order at his desired entry price. The taker (Bush) is responsible for paying the necessary gas charges to execute the deal. At the conclusion of the epoch, Bush can redeem his Vault tokens for the underlying asset plus any costs.

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