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Smilee — The first primitive for Decentralized Volatility Products (DVPs) | by N Bardoscia | Smilee Finance | Jan, 2023 | Medium

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An open-source protocol providing volatility-based products and strategies — bringing convexity to DeFi.

An open-source protocol enabling volatility-based products and strategies — bringing convexity to DeFi. 16 min read Jan 25, 2023 -- Press enter or click to view image in full size Introducing Smilee, the first Primitive create Decentralized Volatility Products! Index Abstract Introduction: Impermanent Loss is just a portfolio of options Smilee: the first primitive for volatility Let’s get real: the first Decentralized Volatility Products Real Yield in details: a fair return for liquidity providers Impermanent Gain: make Money in any market direction Conclusion Appendix:…

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