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Filtered by topic:defi-innovationclear

3 results in topic "defi-innovation"

Worth Reading

Vitalik Buterin Proposes Options-Based DeFi to Replace Liquidation-Driven Debt Model

The Defiant Team·The Defiant

Ethereum co-founder Vitalik Buterin proposed splitting 1 ETH into two paired option assets that always sum back to 1 ETH, eliminating forced liquidations and letting synthetics rely on slow, prediction-market-style oracles.

defi-innovation vitalik-buterin

Ethereum's Vitalik Buterin is rethinking how DeFi handles market crashes

Margaux Nijkerk·CoinDesk

In a research post published Monday, Buterin proposed creating index-tracking assets using options contracts rather than the debt-based structures that underpin much of DeFi today.

defi-innovation vitalik-buterin

Building index-tracking assets on top of options instead of debt

vbuterin·Ethereum Research

Special thanks to Vladimir Novakovski, Curve developers, and others for feedback and review. Suppose that you have some ticker T , which represents a price index denominated in ETH. For example, T could equal the USD/ETH price (ie. inverse of ETH/USD). Or CPI/ETH (aka CPI/USD * USD/ETH). Or the same for any other commodity. Or more exotic indices (eg. average rent prices in a city). You want to give users the ability to have exposure to T . In simpler terms, your goal is to create something like a synthetic asset that tracks T , without relying on centralized issuers, on top of an ecosystem wh

defi-innovation options-contracts