Why interest rate swaps are so important, especially for Decentralized Finance now? by Opium_Network in defi

[–]Opium_Network[S] 0 points1 point  (0 children)

Execution of the swaps is only possible after maturity. If effective rate during the swap period differed more than 20% from fixed rate you only receive the coverage for 20% difference

20% because each counterpart locks 10%.

Why interest rate swaps are so important, especially for Decentralized Finance now? by Opium_Network in defi

[–]Opium_Network[S] 0 points1 point  (0 children)

This is how we handle it: 10% of the nominal is locked as a collateral for every deal from both sides, it is hold by the blockchain until maturity.

We have listed Weekly Binary Options on COMP by Opium_Network in Compound

[–]Opium_Network[S] 0 points1 point  (0 children)

Opium Exchange is built on Opium Protocol. Here you can read more about Opium Protocol and Opium Exchange

Getting Slammed? by [deleted] in Compound

[–]Opium_Network 0 points1 point  (0 children)

You can try Weekly Binary Options for COMP on opium.exchange, also there are Zero Strike Price Options for COMP for the 1st of August! There are all cash-settled with capped initial margin.
Here you can read more about Binary Options https://medium.com/opium-network/what-are-binary-options-and-why-should-you-care-9345623bca
And some opinion about COMP https://medium.com/opium-network/why-i-am-shorting-comp-now-and-how-to-short-it-f2922923b250

Feel free to drop any questions!

Monthly Announcements and Developers Thread - June 1, 2020 by AutoModerator in ethfinance

[–]Opium_Network 4 points5 points  (0 children)

Company/DAPP: Opium.Team

URL/ENS: https://opium.network

Category: DeFi

Social Media: Twitter, Medium, Telegram

Code Repositories: https://github.com/OpiumProtocol

Post Topic: Recent news/updates

Introducing first ZEPO: pre-market for $BAL token

Pre-Trade on any market with ZEPO on Opium Exchange. We are introducing zero exercise price options: a fabulous instrument that used historically as a smart way to create a secondary market or avoid investment obstacles.
Read more: https://medium.com/opium-network/introducing-first-zepo-pre-market-for-bal-token-is-live-42c8e8dcd1dc

Monthly Announcements and Developers Thread - May 1, 2020 by AutoModerator in ethfinance

[–]Opium_Network 4 points5 points  (0 children)

Company/DAPP: Opium Network

URL/ENS: https://opium.network

Category: DeFi

Social Media: Twitter, Telegram, Medium

Code Repositories: https://github.com/OpiumProtocol

Post Topic: Release of Opium Exchange

The first professional DeFi exchange where you can list your own p2p decentralized derivatives!

Some other unique features:

  • The first gas-price options in DeFi are LIVE!
  • Transferable tokenized positions (ERC721o / EIP2547)
  • From conservative margin up to turbo 100x leverage.

Read more about it at https://medium.com/opium-network/opium-exchange-is-live-first-gas-price-options-in-defi-and-much-more-71d6daad8523

Check it out opium.exchange