THE WEEKLY ROUND UP: 10/07 - 16/07

THE WEEKLY ROUND UP: 10/07 - 16/07

THE WEEKLY ROUND UP: 10/07 - 16/07

The Weekly Round Up brings you the latest news you need to know about Dopex.

GM Dopefam!

Welcome to the weekly round up where we talk about the latest news and happenings in the Dopex ecosystem.

Every week, we analyze and summarize each event for you to help you stay in the loop.

Without further a do, let’s get started!

1. SSOVs have been bootstrapped!

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You can now start writing or purchasing call or put options from our SSOVs!

For this month, we have the following monthly call SSOVs expiring at 29th July 2022.

  • DPX: 170, 200, 250, 300
  • rDPX: 17, 20, 25, 35
  • ETH: 1200, 1400, 1600, 2000
  • gOHM: 2800, 3000, 3200, 4000

On the other hand, we also have weekly put SSOV expiring at 22nd July 2022.

  • DPX: 170, 150, 130. 110
  • rDPX: 17, 15, 13, 11
  • gOHM: 2800, 2700, 2600, 2400
  • GMX: 28, 25, 22.5, 20
  • BTC: 20500, 19500, 18500, 1700
  • CRV: 1.25, 1.1, 0.95, 0.08
  • ETH 1200, 1100, 1000, 900

📚Learn more about SSOVs here

2. Status of veDPX

Quick update on the current status of veDPX 

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A little over 21.40% of DPX circulating supply has been locked for an average time of 3.5 years, and is earning 39.8% APY through our boosted veDPX farm.

If you didn’t know, veDPX is the governance form of the native coin DPX and allows holders to eventually vote on governance proposals and participate in gauge weighted pools to control which pools receive a higher amount of emissions.

So essentially, the more veDPX you hold, the more voting power and rewards you get.

📚Read more here for a complete introduction to veDPX.

3. Partner Highlight: Plutus DAO

With the recent release of veDPX, one protocol built on top of Dopex, has been making its moves.

We have none other than PlutusDAO and their liquid staking plsDPX.

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As of July 13, 2022, they have locked 15,000 DPX or approximately 8.24% of DPX in circulation. This makes them have over 45.2% of veDPX voting power.

Let’s take a moment and remind our friends from PlutusDAO that with great power comes great responsibility.

If you want to learn more about Plutus and veDPX, read more here.

Also special mention to our very active discord member CadmusBenedictus#0001 for creating the PlutusDAODune Analytics Dashboard`

4. Dopex Intern Tz spills Atlantics

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Dopex Intern Tz has spilled alpha during his random ramblings on twitter.

We can confirm that the CEO has already whipped him back into shape.

However, we can observe that the UI is almost complete.

When can we expect Atlantics to be released?

When can we ape?

All will be revealed in time, so stay tuned.

📚 In the meantime, you can learn more about Atlantics by reading TZ’s explainer article.

5. Community Analyst Series

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In case you missed it, we’re looking for contributors that can help us create token analysis and trade ideas for SSOVs.

Check out the schedule for July here and let us know if you are interested in participating.

📋 For more details and inspiration, you can visit our CAS bounty board here.

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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