Article Summary, Automatically Generated By AI
Summary of Divergence
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Decentralized platform
for hedging and trading DeFi-native asset volatility. -
Flagship product:
AMM-based marketplace for synthetic binary options. -
Unique features:
- True decentralization via bonding curve.
- Ultimate composability: supports any asset as options underlying, collateralized by any ERC-20.
- Freedom of choice: LPs set terms and determine binary options.
- Ease of use: create AMM pool in one step.
Numbers and figures:
None mentioned.
Case studies
About Divergence: Unlocking the Power of Decentralized Finance
Divergence is a decentralized platform designed for hedging and trading DeFi-native asset volatility, featuring a flagship product that comprises an AMM-based marketplace for trading synthetic binary options.
Divergence stands out for its distinctive features:
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Achieving True Decentralization: No centralized authority dictates options pricing, as buyers and sellers collectively determine volatility via a bonding curve.
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Unbridled Composability: Capable of supporting ANY asset as an options underlying, collateralized by ANY fungible ERC-20 token.
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Unfettered Freedom of Choice: Liquidity providers of ANY size have the autonomy to set terms and precisely determine the binary options sold — including underlying assets, collateral, strike price, expiry, and the open price of a new term.
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Seamless Ease of Use: In a single step, create an AMM pool trading binary options that are automatically exercised and rolled over.
In a truly decentralized manner, options pricing is determined collectively by buyers and sellers through a bonding curve, eliminating the need for a centralized authority.
Ultimate Composability: Unparalleled flexibility to accommodate any asset as an underlying option, collateralized by any fungible ERC-20 token, unlocking limitless possibilities.
Unbridled Autonomy: Liquidity Providers of any magnitude possess the liberty to dictate terms, precisely defining the binary options offered – including underlying assets, collateral, strike price, expiry, and the inaugural price of a new term.
Simplified Trading Experience: With a single intuitive step, effortlessly create an Automated Market Maker (AMM) pool, seamlessly trading binary options that automatically exercise and roll over, ensuring a hassle-free experience.