∂
t
V + ½σ²∂
ss
V
+ sup
δᵇ
λᵇ(δᵇ)ΔᵇV + sup
δᵃ
λᵃ(δᵃ)ΔᵃV = 0
sup
δᵇ, δᵃ
E
t
[−e
−γ(X
T
+ q
T
S
T
)
]
Holding UG
MORPHEUS
Holding UG
Crypto market making.