Futures
By CoinGecko | Updated on Mar 03, 2020
A futures contract is a form of derivative financial instrument. It repesents an agreement to buy or sell a particular underlying asset/commodity at a predetermined price and at a specified time in the future.
Compared to options which provides one of the parties involved with the rights but not obligations to transact, futures repesent an obligation to transact based on the pre-determined parameters.
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On-chain buy or sell tax rate where a percentage of the tokens bought/sold will be transferred to a set address.
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Immutable
A property characterized by inability to be change and stays unchanged over time.
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