Options protocols always bring certain interests to users, requiring personal thinking and analysis. A solution on how to optimize and meet the needs of users is very necessary.
Let’s learn about Pods Finance – an options project on Ethereum!
What is Pods Finance?
Pods Finance is a decentralized and non-custodial options protocol that allows users to create call/put orders and execute trades on the Options AMM provided by the protocol itself.
Pods Finance implemented in one system smart contract not upgradeable on blockchains compatible with EVM.
To make it easier to understand, you can understand options trading as you will have the right to buy or sell assets at a pre-determined pricemaybe happen before or at a certain time. About how options trading works, please refer to it here.
Highlights of Pods Finance
To talk about the highlights of Pods Finance, first of all, let’s learn about 3 outstanding issues that exist on DeFi in general and other options protocols in particular as follows:
- Users who hold portfolios of highly volatile assets and want to minimize risk to secure capital and achievable returns.
- Placing and managing options orders across protocols costs a certain amount and is often high, currently solutions for avoiding asset liquidation also include a high gas level.
- Offering options tokens like liquidity on Uniswap can bring up to Impermanent loss Besides, the price difference between the exchanges and the liquidity level of each floor is also different, so users will not be able to place an Options order at the best price.
Pods Finance offers 2 options solutions as follows to solve the above problems:
Options Instruments: Protocol Options can optionally mint, unmint, deposit or withdraw calls/puts commands. Order execution would require the options to be fully collateralized, causing the option seller and the liquidity provider to both agree on the risk levels of each.
Options AMM: This is a one-sided product built to:
- Facilitating the launch of the options market.
- Price Options are usable and redeemable in real time based on factors of time to maturity and spot price.
- Automatically update according to market price.
- Maintain liquidity of the entire protocol over the total time of placing orders and delivering results to users.
Token details
Currently, Pods Finance has not announced detailed information about the token, when the project has updates, I and the team will update it immediately for your reference!
Key Metrics
- Token Name: Pods Finance Token.
- Ticker: Updating…
- Blockchain: Ethereum.
- Token Standard: ERC-20.
- Contract: Updating…
- Token type: Updating…
- Total Supply: Updating…
- Circulating Supply: Updating…
Token Allocation
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Token Sale
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Token Release Schedule
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Token Use Case
Tokens will be used to:
- Minimize risk and get rewards as transaction fees on AMM.
- Mint Options and provide options tokens as liquidity to profit from trading fees.
- Increase profits while executing sell options.
How to earn and own Tokens
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Wallet & Token Exchange
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Roadmaps & Updates
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Project team, investors & partners
Project team
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Investors & Partners
Investors
Pods Finance partners include: Arbitrum, Sushi, Mai Finance, ElementFi,…
Similar projects
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summary
So I have provided you with the necessary information about Pods Finance. Don’t forget to subscribe and join Techtipsnreview Insights’ groups and channels below to discuss with admins and many other community members:
Source: What is Pods Finance? Complete set of Pods Finance project
– TechtipsnReview
