November 8, 2021


rDPX Single-Staking Option Vaults

SSOV
cover

Single Staking Option Vaults for rDPX are finally here!

This article will briefly give you a rundown of how to navigate SSOV.

If you are not yet familiar with SSOV (what it is & how it works), make sure to read the following article!

DPX Single Staking Option Vaults

SSOV will be a catalyst to onboard >500m TVL into Dopex on just L1 by incentivizing non-$DPX farms with additional…

blog.dopex.io

🚨 Key To Note

  • Deposits for the first epoch (8th November to 26th November) are open NOW and will last 48hrs until 18:00 UTC on Wednesday 10 November.
  • There is NO deposit limit.
  • The pre-determined fixed strikes for the first epoch will be:

***>$44

$66
$88
$111***

📌 Accessing SSOV

  • Navigate to:

Decentralized Options Exchange | Dopex

Dopex is a maximum liquidity and minimal exposure options protocol.

app.dopex.io

*The following screenshots are examples from the DPX testnet page so the copy (text) may differ from the mainnet page, rDPX SSOV will be the same, these screenshots are for illustration purposes*

📌 Depositing

Next, you need to navigate to the “Vault” page choose the rDPX vault and select deposit.

This will take you to a new page where you can manage your vault.

On this page, you will be able to select strike prices, deposit, and withdraw.

📌 Selecting strikes

At the beginning of each epoch, there will be fixed strikes that users will be able to select strikes for.

Once you select the strike/strikes you want, enter the value of (in this case) rDPX you would like to deposit for each (if you have selected more than one).

Once you have done this you will have to approve your tokens for spending by signing the transaction in your wallet and then you can proceed to select deposit and again sign the transaction in your wallet.

Once your transactions have been approved, you have successfully deposited them into the vault and you will be able to manage your deposits.

And there you go anon. The vault, the myth, and soon-to-be legend — SSOV by Dopex.

rDPX SSOV Contracts

SSOV

Contract Address 0x6607c5e39a43cce1760288Dc33f20eAd51b14D7B | Arbiscan

Latest 1 from a total of 1 transactions File 1 of 31 : AccessControlEnumerableUpgradeable.sol //…

arbiscan.io

rDPX VolatilityOracle

Contract Address 0x3E0215c1D639280e13B46e3aF94Fb5630d1b3212 | Arbiscan

Latest 1 from a total of 1 transactions File 1 of 4 : Ownable.sol // SPDX-License-Identifier: MIT pragma solidity…

arbiscan.io

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.

Twitter | Discord | Website

🚨IMPORTANT

Be careful of fake Telegram groups, Discord servers and Twitter accounts trying to impersonate Dopex.


← Back to Blog