THIS MONTH IN DOPEX
The month of July was eventful for Dopex as usual. From the Camelot partnership to the launch of our Diamond Grants program, the month was packed with exciting developments for Dopex and its users. We deeply apologise for the delay in this instalment of This Month in Dopex. Mario has taken the perpetrator out back to his ranch and has appropriately punished him. No such delays should be expected next time! Anyways, let's dive deeper into everything that happened in the month of July!
Partnership with Camelot!
Dopex has joined the Camelot roundtable with the other arbitrum native protocols! Stay tuned for more information regarding the migration of liquidity and incentives.
Dopex Diamond Grants
We are proud to announce the launch of our new grants program- Diamond grants. Diamond Grants is a grant program whose primary aim is to fund projects and ideas that will significantly contribute to improving our protocol and its ecosystem. In the current phase of the Diamond Grant program, we are specifically funding projects related to the development of a new User-Friendly front-end for Dopex. If you have an innovative solution to help us achieve this goal, we want to hear from you! If you want more info on the Diamond Grants program and submit your own grant idea, check out our blogpost.
Dopex Rewards Board
Introducing the Dopex rewards board! Here, you'll find all Dopex programs, contests and giveaways in one place so it's easy to follow, participate and get rewarded! Check it out here. We currently have three programs currently running with more to come in the future.
Scalps Cost Less!
Scalps now cost less. We are reducing the IV from 30 to 15 which means the cost to scalp traders (premium paid) decreases by 50%
Paulygon Mint Live
Unibot Text Based AMA
End of Scalps v2 competition
The scalps v2 trading competition which was started in June ended in July. For a full list of winners and more info regarding scalps, check out our tweet here. Here are some stats from the trading competition:
💰 Cumulative Top 10 Volume: $2.7 million!
⬆️ Most Winning PnL: $1,861.35
⬇️ Most Chad PnL: $-2,330.54
New Dopex Papers
We have a series of new Dopex papers written just for you:
Twitter Spaces/ Discord AMAs
Here’s a compilation of AMAs we attended in July:
Wen wen wen, what’s next for Dopex?
We have a lot of things in the works as usual. Very soon we will be migrating liquidity to Camelot and we have lots more coming soon! Stay tuned 😉
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.
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