ArdorBG

    " Hedged Assets" is our new innovative approach that we implemented in Ardor.      Objectives: 1. Creating new trading pairs. 2. Increasing Ignis trading volumes. 3. Increasing ArdorBG grid trading profits. 4. Increasing Ignis deflationary pressure.      Ignis delisting from the CEX and almost no trading volumes made us consider integrating assets into Ardor, but due to the complexity of the bridges, the need for developers, the dangers of hacks, and regulatory requirements, the task was overwhelming for us. Therefore, we decided to use a hedging method in Ignis. To do this, we need three main players: 1. Asset issuer 2. Market Maker 1, which we will call "MM" 3. Market Maker 2, which we will call "ArdorBG"      The task of the Asset Issuer is to issue the necessary assets in which to hedge. In addition to issuing assets, it must also cover the losses of the MM, so it applies a trading royalty of 0.1% to the ...

    In the month of June, revenue of ArdorBG was worth 42,900 Ignis (42,200 Ignis from grid trading and 700 Ignis from investment). In June we paid two dividends totaling 20,000 Ignis.    We had no expenses last month.      Last month, we expanded grid trading with two new hedged trading pairs. This move will increase deflationary pressure on Ignis and is expected to increase ArdorBG's revenue from grid trading. We will soon describe how "hedged assets" work and what the risks are for trading with them.