DeFi & Options
THIS MONTH IN DOPEX
It's hard to believe that February has already come and gone.
This month at Dopex is all about exciting new developments, including the release of new products in collaboration with some of the biggest names in DeFi, and getting DPX listed on tier 1 exchanges.
If you missed these news, don’t worry, it can be overwhelming to keep track of everything happening in the cryptographic space, especially in Dopex where we constantly build new products. This is why we have curated and filtered all the most important news and updates for you in this month's newsletter.
Without further ado, here is what you need to know.
Option Liquidity Pools
At the start of the month, Option Liquidity Pools for all SSOVs have been released on the Dopex platform. This means that option holders can sell their options at a discount based on fair market price. OLPs will enhance option composability and trading experience for our users as they can now exit positions mid-epoch if they choose to do so.
MATIC Straddles and SSOVs
MATIC Straddles and weekly stMATIC SSOVs were successfully launched on Polygon with the help of Polygon Labs. To commemorate the event and incentivize participation, Polygon is providing additional rewards for both vaults with the following breakdown: 22,900 MATIC for MATIC Straddle writers from February 18 to March 20, and 5,087.79 WMATIC for stMATIC SSOVs per epoch. We're thrilled to be entering the Polygon Ecosystem and we look forward to creating more integrations and partnerships with Polygon-native applications.
DPX Listed on Major Exchanges
To end the month on a strong note, Dopex worked hard with several exchanges, which include Bitget, Bitkeep, Bybit, and Kucoin, to list DPX on their respective platforms. This is a significant milestone for us, and we believe that it will help to increase the visibility and accessibility of DPX to users all over the world.
In addition, we have several on-going events with each exchange giving you a chance to receive DPX by doing some tasks:
Dopex papers and Treasury Report for February '23
This month we have released blog articles and walkthroughs for the new product releases, and of course the treasury report.
- Introducing: Option Liquidity Pools
- Option Liquidity Pools Walkthrough
- Dopex Launches on Polygon
- Introducing: MATIC Straddles
- MATIC Straddles Walkthrough
- Introducing: stMATIC SSOV
- Treasury Report: February 2023
Dopexpedia V2 was also recently rolled out by our Chief Information Officer, Bella, and is a document where you can find all the information there is about Dopex.
19th Diamond Pepes Company Report
CEO and the Board has once again held down the watercooler to barely acceptable levels.
In his 19th company report, he goes through some inspiring updates on his recent trip to Dubai and ends with less important company updates regarding Gen 1 Pledges, the UWU collection, rDPX V2, and others.
If you want to read through the article you can click here.
Jones DAO Performance update on jUSDC and jUSDC
Shout out to Jones daw for delivering yet again a banger product in the form of jGLP and jUSDC.
They have recently released an update on how the new vaults performed.
Plutus DAO bribes have turned on!
Taken from Plutus Medium Article: *Understanding Bribes In The Plutus Ecosystem
With SPA governance turning on, Plutus DAO has been patiently accumulating SPA which now amount to 100M tokens or 46% of total governance power.
It’s going to be an exciting month ahead as we see the effects of bribing power to PLS holders.
Find out how their bribe mechanism works here.
On a marketing perspective, Dopex has been making rounds appearing on several Community AMAs and TwitterSpaces to introduce Dopex to new users and to promote recent product releases.
- Dopex Valentines Day Poetry Slam
- Welcoming Dopex on Polygon
- The Crypto Signal | Discussing Decentralized with Dopex
- The Crypto Illuminati | Dopex & DeFi Innovations
- 1st Vietnamese AMA with Hak Research
- Kucoin: Inside the Arbitrum Ecosystem
- Silo Finance | DPX lending and borrowing in completely risk-isolated vaults
Wen wen wen, what’s next for Dopex?
For this March we will we expecting these releases
- Testing rDPX V2
- Option scalps
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.
Follow our official social media accounts and visit our website to stay up to date with everything Dopex.
Be careful of fake Telegram groups, Discord servers and Twitter accounts trying to impersonate Dopex.
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