Potion Community!

🧙🏻‍♂️ Would you like to protect your #cryptoassets from volatility?
#potion #potionprotocol #defi #crypto #cryptocurrency #trading #cryptotrading
Learn about the Potion protocol here:
🤝 With Potion Protocol, you can create an on-chain, transparent, fully-collateralized put option via a smart contract that will pay out immediately whenever necessary.

The power of insurance is in your hands!

#options #collateral #blockchain #ETH #BTC
🧠 Potion protocol give insurance buyers get the best price by routing the purchase to the cheapest combination of LP insurers.

🕶 If you want to save on gas fees, Potion Protocol also offers existing potions at your disposal to protect your assets.
👍 Potion Protocol natively supports all tokens available in @opyn and @chainlink price feeds.

👨‍💻 To start, select your #token and a strike rate for the insurance to kick in, alongside an expiration date for your potion.
☂️ Finally, you’ll put in how many tokens you want to insure before creating your potion.

#Potion #DeFi #Chainlink #cryptotoken
🧠 Find out more :
potion.fi
potion.auction
👑 Join the community on Discord:
discord.gg/U4SqdH3QZK
💍 Participate in the NFT Potion Unlock Game, our revolutionary "aggressive decentralization" release method:
tinyurl.com/potionnftunloc…
🧙‍♂️ Potion whitepaper: tinyurl.com/potionpwhitepa…
The power of insurance is in your hands!

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More from @PotionLabs

Feb 7, 2021
'The Kelly Machine'

A new approach to risk management in DeFi.

👇👇👇

potion-protocol.medium.com/introducing-th…
❓What is it?

An AMM protocol for decentralized creation and pricing of risk management contracts (eg insurance, puts, calls).

❓How does it work?

You can play as seller or buyer. The system uses the Kelly Criterion to find optimal pricing and apply automatic risk management.
How can it help me❔

📌Buyer: manage the risk of your holdings; get exposure to new assets📈

📌Seller: generate alpha from your holdings💸

Can I trust it❔

📌 It's trustless🔑
📌 Based on Kelly Criterion🤓
📌 Comprehensive back-testing🏁
📌 Automated risk mgmnt
Read 17 tweets

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