What are the decentralized options?

In the traditional financial industry, options are often used as financial instruments, and option trading is also an important part of the traditional financial industry. However, in a decentralized world, the continued decline of the options industry has not had a major impact. The following describes two main architectures of current decentralized options.

01

talk every week

Some of the top performers in the decentralized options industry are:Hello KandOffin. They both have multiple infrastructures.Hegic is an Ethereum-based peer-to-peer options trading protocol. Hegic currently only supports BTC and ETH options.

Hegic infrastructure diagram

Image source: https://ipfs.io/ipfs/QmWy8x6vEunH4gD2gWT4Bt4bBwWX2KAEUov46tCLvMRcME

Hegic views financial service providers (LPs) as scribes of choice, and LP financial service options for clients (incumbents) in smart contracts through an unsupervised water pool.

For LPs, LPs have two commitments to LPs.1) Classic Pas Dej,High APY (100% of total fees) but no manager;2) Hedge No Dej, the president is responsible, but the APY has only 20% of the income. The closing time for classic pools is 30 days and the closing time for classic pools is 60 days. Refunds during or after the closure period will not affect the closure of other facilities.

For the incumbents, Hegic is an American choice.(Options can be used any time before expiration.) Options can be selected from 1 to 30 days, and for an hourly option, the longer the appointment duration, the lower the cost.Holders buy Hegic without any trade-in or fuel costs and pay a similar price.

Offin

Opyn allows anyone to buy, sell and create options for ERC20 assets.

Opyn v1 is an American style option that promotes physical harmony and her abilities as a Uniswap.Different business partners are managed by different pools operated by Opyn. Opyn independently manages the shutdown of time-consuming options in the market and develops and launches new options.

Opyn v2 is a European option that supports cash and uses 0x exchange and 0x general ledger for income.Opyn V2 works seamlessly with buyers and sellers of their choice from 0x book orders. European voters will only be able to exercise their choice when it expires. Paying in cash means the user has the option of using it without having to provide any assets, and the option is determined based on ownership.

Opyn v2 supports partial loan. That is, the leverage can be greater than 1.Opyn v2 also supports details. The extension allows long-term oTokens to require short-term borrowing from oTokens, allowing users to use their design to make the product more economical.

transmission model

Image source: https://opyn.gitbook.io/opyn/#what-is-a-spread

Example of transmission line model: A user can purchase an ETH option worth $ 300. When a user wants to sell an ETH offer option worth $ 400, the user can use the previously purchased ETH offer option worth $ 300 + 100 USDC to achieve this goal.

02 ib

weekly reports

1. Chain material

This week, the chain's ecological improvement enters the uptrend.DeFi is financially decentralized. It has experienced explosive growth in the past. Now DeFi is slowly moving from “toys” to “apps”. We believe that blockchain will replace the foundations of modern financial services and that open financial contracts will make investment easier. Make it more productive and create greater wealth.

1. Github game

Github is the world's largest code repository and developer community website. Github allows you to understand the advancement of various blockchain operations and key industry developments. The work of the developers is an important measure for the management of Github. The higher the workload of a project, the higher the workload, which means that the more workload that the developer is willing to invest, the more time and energy is put into the project. project. me me.

Figure 1.1: Github performance ranking

Data source: CryptoYC

2. Lightning network

The Lightning Network is the second layer of the Bitcoin payment protocol, which aims to ensure the immediate functioning of the Bitcoin network. Lightning Network Data Kanban provides general information such as nodes on the Lightning Network and commits to respecting Bitcoin quotas.

Figure 1.2: Lightning Network Data Signaling

File source: 1 ML

3. The whole network counts energy

Power count, also known as hash rate, is a measure of the working power of a Bitcoin network. That is, the processor speed counts the output of the hash function.

3.1 Bitcoin xam fais fab

The total Bitcoin network metering power is used to affect the total value of the Bitcoin network.

Figure 1.3: Monthly Bitcoin Hash Rate Graph

File source: Block

3.2 Ethereum computing power

The total power consumption of Ethereum is used to influence the overall cost of the Ethereum network.

Figure 1.4: Moon Ethereum computing power map

File source: Block

2, DeFi ecosystem

This week, DeFi's improvement peaked.DeFi represents Decentralized Financial, which experienced explosive growth two years ago. We believe that blockchain will change the foundation of financial services today, opening financial contracts will make businesses more profitable and create wealth.

DeFi legacy is used to influence DeFi maintenance, an important indicator of improvement in the DeFi ecosystem.

Figure 2.1: Total Payments for Ethereum DeFi

Data source: DEFI PULSE

The DeFi address number indicates the current number of DeFI users and is one of the key indicators of the size and state of the DeFi ecosystem.

Figure 2.2: DeFi address value

Source: Dune

The BTC to DeFi cross-chain is an important indicator of the growth of the business.

Figure 2.3: BTC d'Ethereum

Source: Dune

Securities are digital assets, and the size and growth of cryptocurrencies affects and even affects the size and growth of crypto assets, and is one of the largest in the industry.

Figure 2.4: Publication of stable financial data

Source: Dune

5. Dex trading volume over 7 days

Dex represents decentralized exchange and is an integral part of the DeFi ecosystem. The 7-day Dex trading volume is used to determine DeFi performance in the ecosystem.

Figure 2.5: 7-day Dex packaging

Source: Dune

Lending business is at the heart of DeFi, and daily lending is used to influence changes in the lending industry. Daily loans = daily loans - daily loans.

Figure 2.6: Monthly Bitcoin Exchange Volume

Source: Dune

Third, the public channel

The blockchain industry began to develop rapidly and the public chain contributed to the growth of the industry.CryptoYC draws attention to the fact that this is the most profitable blockchain industry.

1. Ethereum

Ethereum is an open and decentralized blockchain application platform that provides a decentralized virtual machine of the owner of the Ether cryptocurrency that works with peer-to-peer contracts. Anyone can create and use business applications that run on blockchain technology.

Figure 3.1: Ethereum Data Kanban

File source: ethsccan

2. Polish woman on

Polkadot is a combination of several chains that aim to be efficient, multifunctional and result in a seamless relationship between relationships.

Figure 3.2: Polkadot Polkadot signature file

Data source: polkascan

3. Kev

The Kusama test network is the Polkadot test network. Kusama is almost identical to Polkadot, the difference is that this network test will not go away and will be available shortly after the Polkadot mainnet goes live.

Figure 3.3: Kusama data signage

Data source: polkascan

4. Salt pans

Performance of the public channel. SOLANA announced a new proof of concept approval system that horizontally measures the system by entering into agreements with PoS proof of integrity. And SOLANA can generate 140,000 to 170,000 TPS on the test network.

Figure 3.4: Solana data kanban

Data source: Solanavic

5 per minute

Mina is the first lightweight cryptocurrency protocol. Mina uses advanced encryption and recursive zero-proof zk-SNARK to create a complete blockchain approximately 22KB in size that can verify the current state of the blockchain.

Figure 3.5: Mina data Kanban

Source Info: Minascan

Daim duab 3.6: Mina Block data card

File source: Stake tab

6. Close

NEAR is an application-specific platform that is secure enough for users to manage valuable assets such as stocks, symbols, or unmatched symbols. At the same time, the functionality of the platform is also powerful enough to ensure that the above-mentioned assets are available to modern users and to extend the power of open networks to users.

Figure 3.7 : Near Data Kanban

Source file: explorer.near

7, dej

Flow consists of a pipeline that divides tasks that are typically performed individually into five categories, reducing continuous operation and improving efficiency. Unlike Ethereum and other blockchain 1 blockchains, it uses a technology called "Proof of Secret Knowledge Professional (SPoCK)" to meet the demands of different gaming applications.

Figure 3.8: Signaling of flow data

Source file: flow.bigdipper.live

8. Ghost

The world's first high-performance public channel based on DAG technology and smart contract support is committed to solving the scalability and timing issues of existing blockchain technology.

Figure 3.9: Ghost data kanban

Source file: explorer.fantom

4. Escape

We remember the birth, growth, emergence and break-up of new racetracks.With the transformation of blockchain technology, new advantages, infrastructures, infrastructures ... storage will emerge and evolve, and the content of the mining and the NFT application will be placed in the major replacement of the old panel by the new one. class.

1. Cie

The development of ecology is inseparable from the construction and extension of infrastructure.As applications such as NFTs increase, the reliability and stability of the storage system must be strictly monitored.

1.1 Filecoin

IPFS-based industry standard that provides token support for data storage and downloaders. It allows owners and vendors to trade, allows them to adjust storage costs, and vendors can choose speed, repeatability, and cost based on price.

Daim duab 4.1: Filecoin data card

Data source: PeelScan

1.2 The

Arweave is used by blockchain and data is stored in each block. The Arweave data structure is more of a website than a chain. The new agreement, Proof of Access, states that whenever a new block is created, the old block must be identified at the same time.

Figure 4.2: Arweave signature file

File source: ViewBlock

2, NTUA

NFTs fueled explosive growth.NFTs are not homogenized tokens, but the important feature is that each NFT has a unique and unique character, both are not transient and the smallest unit is 1 and invisible. Following my theory of this method, I clean the data from the NFT sector.

2.1 NFT parts

CryptoSlate is blockchain news, providing constant updates and cryptocurrency levels related to blockchain and cryptocurrencies.

Figure 4.3: Overview of NFT parts

File source: Cryptoslate

2.2 Social currency

Social money is a social token, and we see it as one of the potential uses of blockchain to “break out of the circle” of small size in the future. Community money is still in its infancy and industry rankings are chosen to influence the current economy.

Figure 4.4: Ranking of social money transactions

Data source: BEFORE

2.3 NFT manufacturing industry

The NFT Marketplace packaging is used to influence the reputation of the NFT industry and is an important indicator of the growth of NFTs.

Figure 4.5: Monthly NFT Market Volume (USD)

Data source: BEFORE

5. Hierarchy of assets

Bitcoin prices rose this week, and Ethereum prices rose slightly this week as well.Now the market value of bitcoin is1031.91 TheharassMarket price of the US dollar and Ethereum403.82 ibharassnear the dollar. Market Sentiment Index published this week (Current Market Index:70)

1. TOP20 industrial exchange

CryptoYC counts and counts the market value of TOP20 crypto assets on a weekly basis. It is used to monitor changes in the crypto asset industry.

Figure 5.1: TOP20 Crypto Asset Market Price Chart

Source file: CoinMarketCap (updated 10/10/2021)

2. Exchange the packaging

Volume trading is used to disrupt the trading environment for crypto assets.

Figure 5.2: Monthly Bitcoin Exchange Volume

Data source: Bitcoin

3. Market sentiment index

The Market Sentiment Index is a collection of other options that meet the fears / desires of investors. 0 means "horror" and 100 means "lust".

Figure 5.3: 30-day market sentiment index

Data source: alternative