Back to our theme of February, we are covering a new protocol, #Potion.
Potion is a decentralised protocol for creating price volatility insurance contracts that run on the Ethereum Blockchain. The protocol allows users to protect against discounts on any asset: $BTC, $MKR, $LINK, $ETH, $MKR, $BAT.
User can create their own contract with custom Number of Contract, Strike Price and Expiry Date.
The interesting part of this protocol is that it does NOT have a token!
Potion Protocol is currently in the development phase, with simple product structures making it accessible to everyone.
In particular, the calculation of the option fee is based on the actual volatility of the asset, or to internalise risk management for liquidity pools.
Get the book now at book.economicsdesign.com I Pay with crypto and get 15% OFF