Solo developer of Poption. Poption is a safe, general purpose, and capital efficient financial derivative designed for blockchain.

Compare Fees of Different Pools of the Same Swap Pair
Which pool should I pick when I add assets into a liquidity pool? There are too many choices. There are different fee rates, different chains, and even different stablecoins, even after we made the decision on which pair to add into. When the first time I added liquidity into the pool, I made this decision almost blindly based on a hypothesis that the market is efficient and others will test these different pools with their money. I can pick an arbitrarily popular pool and the return shall be...

Compare Fees of Different Pools of the Same Swap Pair
Which pool should I pick when I add assets into a liquidity pool? There are too many choices. There are different fee rates, different chains, and even different stablecoins, even after we made the decision on which pair to add into. When the first time I added liquidity into the pool, I made this decision almost blindly based on a hypothesis that the market is efficient and others will test these different pools with their money. I can pick an arbitrarily popular pool and the return shall be...

Liquidity Providing from Farming to Speculating
When the first time I provide liquidity to a swap pair, I feel I am farming. But soon I realized I am speculating. Because of the impermanent loss, providing liquidity is more speculating than farming. I guess some people have the same experiences and feelings like this. Then the question is how can we speculate it?Providing liquidity is to short the volatility.There is no AMM liquidity provider in traditional finance, and there is no methodology about this. Everything is rather new. Can we f...

Liquidity Providing from Farming to Speculating
When the first time I provide liquidity to a swap pair, I feel I am farming. But soon I realized I am speculating. Because of the impermanent loss, providing liquidity is more speculating than farming. I guess some people have the same experiences and feelings like this. Then the question is how can we speculate it?Providing liquidity is to short the volatility.There is no AMM liquidity provider in traditional finance, and there is no methodology about this. Everything is rather new. Can we f...

On-Chain Derivative Market Will Introduce New Value To the Crypto
In this cold crypto winter, let’s consider the future of the ecosystem. The ecosystem needs to create more value to grow up. Algorithm stable coin can not create value from void. How about others? Someone says NTF, someone says metaverse. Yes, they have potential, but I believe that finance is still the most potential area because of its high demand for trust that can be provided by blockchains at a low cost. The value we are going to bring to the ecosystem is the value of derivatives. Deveri...

On-Chain Derivative Market Will Introduce New Value To the Crypto
In this cold crypto winter, let’s consider the future of the ecosystem. The ecosystem needs to create more value to grow up. Algorithm stable coin can not create value from void. How about others? Someone says NTF, someone says metaverse. Yes, they have potential, but I believe that finance is still the most potential area because of its high demand for trust that can be provided by blockchains at a low cost. The value we are going to bring to the ecosystem is the value of derivatives. Deveri...