Protocon (PEN)

Alright, it might have been a bit early to long oil funding rates on Boros last week, but now?

It's nearly time for The Big Oil Long...
🔹The contract rollover concludes on Thursday.
If you can tolerate the heavy negative Underlying APR until then, Implied APR entries now will capture the funding rate reversion

🔹You're entering a deeply oversold asset.
Smart traders on Boros know the rollover is coming, and won't be shorting oil funding rates this week. As such, TWAPing in longs in anticipation of the negative rates to end = uncrowded trade with few counterparties

🔹Lower your Implied APR entry when rates revert = more funding received
While you might have a couple of days paying out negative funding as the contracts rollover, that's the price (pun intended) of getting such low Implied APR entries across the board. When funding rates revert, you reap the benefit of entering these markets at their lows.

Plan of attack:
🔹Place limit orders for longs in the incentivized Implied APR range to earn both $PEN

PEN Token Holders continue steady Growth!
→ Pendulum is a Polkadot rollup that bridges to Stellar

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