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THIS MONTH IN DOPEX - MAY
This May hasn’t been the easiest of months as we saw a market-wide capitulation in both Cryptocurrencies and Stock market. However, here at Dopex, this did not deter us from building, developing and implementing our innovative products for everyone to enjoy.
Without further ado, here are the latest developments and updates in Dopex
1. New products, integrations and protocol upgrades
For this month, we released two new vaults: BTC SSOV3 and Interest Rate Vaults.
BTC SSOV3
You can now take directional positions on BTC by writing or purchasing puts from our weekly BTC vault.
Visit app: https://app.dopex.io/ssov-v3/BTC-WEEKLY-PUTS-SSOV-V3
Learn more: https://blog.dopex.io/articles/ssov/introducing-btc-ssov-p-single-staking-put-option-vaults
Interest Rate Vaults
The long wait is now over, the interest rate vault is now live on beta.You can now bet or hedge against the MIM3CRV pool interest rate by writing or purchasing options from the vault
Strike prices for this month: 4%, 5%, 6% and 7%
Note that there is a minimum of $1000 notional size per purchase
Ape safely, Dopefam
Visit app: https://app.dopex.io/vaults/ir/MIM3CRV
Interest rate retail:
https://blog.dopex.io/articles/dopex-papers/dopex-papers-interest-rate-options-retail
Interest rate technical:
https://blog.dopex.io/articles/dopex-papers/dopex-papers-interest-rate-options-technical
Intern Tz’s Interest rate novel:
https://medium.com/@tztokchad/dopex-rate-vaults-crv-and-cvx-7afc534e3bb7
IRO Strategies:Fixes Interest Rates:
https://blog.dopex.io/articles/dopex-papers/iro-strategies-intern-tz-fixes-interest-rates
Intern’s IRO strategy:https://blog.dopex.io/articles/dopex-papers/iro-strategies-intern-halko-s-curve-x-iro-strategy
Integrations
Coinbase Custody now supports deposits and withdrawals for $DPX.
From: https://twitter.com/CoinbaseAssets/status/1524060861790257153?t=yB09st-ov3ctWMzL-0difA&s=19
Visit: https://www.coinbase.com/custody/assets
Protocol Upgrades:
Check out our new UI for our farms page!
2. Diamond Pepe
Congratulations to the winners of the Diamond Pepe Challenge: donuts_itm and DeFi_Donuts. They will both be receiving Gen 2 Pepes from Tztok himself!
Visit their work:
Diamond Pepe Backstory contest: Winner: Donuts_itm
Best Nu York picture/video
Winner: DeFi_Donuts
We also regret to inform everyone that Gen 2 of Diamond Pepe is currently delayed until further notice
3. Community Analyst Token Series
This month we also released the community analyst series which are independent opinion and educational articles written by contributors. The articles include a short introduction on SSOV tokens and the possible strategies that users can employ to secure yield through the Dopex options platform.
Tokens covered: CRV, AVAX, BTC, rDPX
Special thanks to the following analysts: CryptoPlainview#6456, donuts_itm#5236, Frogdanoff#3971, DeFi-Kun B (💎, 🦐)#3632, PowWow#0719, BowTiedProngHorn#2776, TEAMxCOOL#8304, Sorea#6627
4. Dopex Essentials Dopex
We’re back with more explainers articles to guide you through everything you need to know to begin trading on Dopex.
This month, we released two articles that talk about Curve Finance and Convex Finance, and how they related to Dopex.
Curve Finance: https://blog.dopex.io/articles/dopex-papers/dopex-essentials-what-is-curve-finance
Convex Finance:https://blog.dopex.io/articles/dopex-papers/dopex-essentials-what-is-convex-finance-and-what-does-dopex-have-to-do-with-it
Lastly, but certainly not the least, is some ALPHA
veDPX will be going live in a few weeks!
In anticipation for the release of veDPX, the following changes in our liquidity mining program will occur on Tuesday, 14th June at 8pm UTC.
1. DPX single Side Farm will be permanently closed
[A snapshot will be taken at the time of close and all deposits and unclaimed rewards will be manually dispersed to users]
2. DPX-WETH and RDPX-WETH will be closed temporarily
[Deposits and reward claiming will be available but no more rewards will be accrued for users. Shortly after this new farms for both these LPs will open with revised rewards and duration]
About Dopex
Dopex is a decentralized options protocol that aims to maximize liquidity, minimize losses for option writers and maximize gains for option buyers — all in a passive manner. Dopex uses option pools to allow anyone to earn a yield passively. Offering value to both option sellers and buyers by ensuring fair and optimized option prices across all strike prices and expiries. This is thanks to our own innovative and state-of-the-art option pricing model that replicates volatility smiles.
📱Stay Connected
Follow our official social media accounts and visit our website to stay up to date with everything Dopex.
🚨IMPORTANT
Be careful of fake Telegram groups, Discord servers and Twitter accounts trying to impersonate Dopex.
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