Carmine

We’re excited to announce that Carmine Options is officially joining the Chainlink Build program. As a part of Build, we aim to accelerate ecosystem growth and long-term adoption of decentralized finance by gaining enhanced access to Chainlink’s industry-leading oracle services and technical support, as well as incentivizing greater cryptoeconomic security, in exchange for a commitment to provide network fees and other benefits to the Chainlink community and service providers, including stake...

Greetings, Carmine family! 🌟Today marks a significant milestone in our journey together as we proudly announce the launch of the $CRM airdrop. This airdrop is not just a distribution of tokens; it's a testament to our community’s dedication, hard work, and unwavering support. Let’s dive into the details of $CRM, $veCRM, and everything you need to know about this exciting event.The Evolution from $veCRM to $CRMOver a year ago, we airdropped tokens to 2.5K early users, establishing the DA...

Over a year ago, we launched Carmine Options AMM, followed shortly by the release of Carmine DAO’s governance contracts, which were among the first Cairo 1 smart contracts on (Starknet) mainnet. From the beginning, we have been committed to a long-term vision. We knew that achieving our goals would take time, and invited you to join us on this multi-year journey. While we have made significant progress, we are still only at the beginning of what we aim to accomplish. The vision we have set fo...

Continuous token distribution is an innovative approach where, instead of a single airdrop, multiple airdrops are scheduled over a period of time. This strategy aims to maintain user engagement and incentivize ongoing participation in the project's ecosystem. By distributing tokens in phases, projects can ensure that users remain active and committed, which helps sustain and grow the user base and overall project activity. The primary expectation with continuous token distribution is tha...

The Idea of an AirdropAirdrops have become a popular method for blockchain projects to distribute tokens fairly and incentivize user engagement. By rewarding users for their participation and support, airdrops help build a loyal community, generate buzz, and promote the project effectively. Whether it's rewarding early supporters, engaging with the community, or marketing the project, airdrops serve as a powerful tool for blockchain projects. Additionally, there is a regulatory incentive...

Options Trading 101: A Simple Guide for EveryoneWelcome to the world of options trading! If you've heard about options but find the concept daunting, worry not. This guide is designed to simplify options trading so that anyone, including your grandma, can understand it.What Are Options?Options are financial instruments that give you the right, but not the obligation, to buy or sell an asset at a specified price before a certain date. They can be used for various purposes, including hedgi...

As the DeFi Spring blossoms on Starknet, Carmine emerges as a vibrant addition to the landscape, offering exciting opportunities for option traders and liquidity providers.Carmine kicks off its journey into the DeFi Spring with an incentive program designed to reward active participation in our dApp either by trading put options or providing liquidity. So, starting from April 25th, 2024, users can earn STRK tokens by using the Carmine Options dApp.Key Highlights of Carmine DeFi Spring Phase O...

In the ever-evolving world of cryptocurrency, the Carmine Governance system is embarking on a transformative journey, ushering in a new era of smart contract functionality and community-driven decision-making. As we navigate the intricacies of this digital frontier, the Carmine team is dedicated to enhancing our governance model, ensuring it meets the future needs of our vibrant community. Here’s what’s on the horizon for the Carmine Ecosystem in the following months and beyond.Empowering Com...

The new version of Carmine Options AMM is on mainnet, prompting us to disclose some of the details about the CARM token distribution. The protocol aims high and it cannot achieve its goals without the amazing community that we have. There is no way the Carmine protocol can change the world on its own — the community is a crucial part. As such, it cannot be just advisors; it has to have tangible influence on the Carmine Options AMM. There are several ways how to get CARM tokens.Provide liquidi...

At Carmine, we're committed to fostering community engagement and recognizing those who contribute to the success of our project, Carmine Options AMM. That's why we're excited to announce the launch of our Carmine Referral Program, designed to reward individuals who help grow our ecosystem. How It Works Participating in the Carmine Referral Program is simple: generate a unique referral link and share it with your network. Whenever traders or liquidity providers join through you...

It feels like years since the Carmine Governance (DAO) was established, and the Carmine Options AMM was deployed. Many things have happened, and many have already transpired in Carmine. Smart contracts In April 2023, we released the Carmine Options AMM to the mainnet, followed by the deployment of Carmine Governance. This made us one of the first DAOs on StarkNet, capable of upgrading smart contracts exclusively through the DAO. Our governance contracts were among the initial Cairo 1 smart co...

Note: this is the third article in our enlightening series, “Mastering Options Trading with Carmine Options AMM: A Guide for Retail Users.” The First and Second edition can be found on our Medium page. Having explored the basics of options trading and the intricacies of options pricing, we now shift our focus towards strategic application. Specifically, we’ll delve into how you can use options to hedge your positions, providing protection against potential investment risks on rainy days.Optio...