Difference between revisions of "Hegic"

Hegic (view source)

Revision as of 02:50, 23 April 2022

703 bytes added , 02:50, 23 April 2022

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 Hegic uses a simplified pricing formula and IV is updated manually using Deribit as reference.
+All Hegic options are American style options.
+== HardCore (Beta) ==
+Launched on Arbitrum on 23rd February 2022 ([https://twitter.com/HegicOptions/status/1496218778186956801?s=20&t=GYLxOhNZAZwZqEFhDe6p5g tweet]), Hegic HardCore Beta offers:
+* OTM options (ATM added later [https://twitter.com/HegicOptions/status/1503399404241395715?s=20&t=GYLxOhNZAZwZqEFhDe6p5g tweet])
+* Expiry up to 45 days
+* One-click options strategies
+* New staking mechanism
+% of total Hegic token supply was also burnt ([https://etherscan.io/token/0x584bC13c7D411c00c01A62e8019472dE68768430?a=0xdead000000000000000042069420694206942069 etherscan]).
 == V8888 ==
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 * Hedge LP tranche
 * Microlots
-* Auto exercising (with limit orders added later)
+* Auto exercising (with limit orders added later for ITM options [https://twitter.com/HegicOptions/status/1483751204119367683?s=20&t=GYLxOhNZAZwZqEFhDe6p5g tweet])
 A revamped incentive system was also introduced, the Hegic Long Term Pool (HLTP) aims at locking in long term minded liquidity providers. Full details [https://twitter.com/HegicOptions/status/1425881265346125834?s=20&t=GYLxOhNZAZwZqEFhDe6p5g here].
-== HardCore (Beta) ==
-Launched on Arbitrum on
 == History ==
 Genesis [https://twitter.com/HegicOptions/status/1230468413639753734?s=20&t=y2zaAqdjMU0eket4mf-Dbg tweet] made on 20th February 2020. Hegic begin as a hedging protocol that aims to help traders protect their asset in down markets.