Section V. FC (open)
FC (open) short for open market force closing contrarian to Oracle Based Force Closing
Open Market for Closing (Preview) - more coming soon.
Although a more in-depth exploration of this concept will be undertaken in the future, the foundational idea is intuitive. When a user initiates a close request and encounters hedger non-responsiveness, the system would launch an automatic Dutch auction for the position. Like all mechanisms, while the premise seems simple, the intricacies will determine its effectiveness. Further exploration and research in this domain are eagerly anticipated.
In conclusion, the balance between the force close model and the potential of an open market for closing highlights the multifaceted solutions that SYMMIO offers. It's an emblem of the project's commitment to ensuring trustlessness and operational integrity at all junctures.
Last updated