that's some wild shit tying together a product on DPX's roadmap and Curve Wars. much wow, thanks for the 5 part explainer, best explainer on Curve War imo
"Here’s an example. Let’s suppose that the price of ETH today is $3,000. Person A buys an ETH European call option from person B with strike price $4,000 and expiry March 1, for $1,200. That means that if the price of ETH is greater than $3,000 + $1,200 = $4,200 on March 1, Person A makes a profit."
Wouldn't Person A (option buyer) make a profit only if the ETH price is greater than $5,200 on March 1? That's $4,000 (strike price Person A pays for the asset on March 1) + $1,200 (premium paid).
Have you take a look at the pendle finance protocol, YT token with an expiration date has some interesting feature which allow user to express a view of APY
that's some wild shit tying together a product on DPX's roadmap and Curve Wars. much wow, thanks for the 5 part explainer, best explainer on Curve War imo
"Here’s an example. Let’s suppose that the price of ETH today is $3,000. Person A buys an ETH European call option from person B with strike price $4,000 and expiry March 1, for $1,200. That means that if the price of ETH is greater than $3,000 + $1,200 = $4,200 on March 1, Person A makes a profit."
Wouldn't Person A (option buyer) make a profit only if the ETH price is greater than $5,200 on March 1? That's $4,000 (strike price Person A pays for the asset on March 1) + $1,200 (premium paid).
Have you take a look at the pendle finance protocol, YT token with an expiration date has some interesting feature which allow user to express a view of APY