1/ One of the essential factors I was interested to learn how to trade in options was implied volatility.

So in this thread, I went through important points that I found + how IV is being implemented in #Defi 🕳️ : 2/ #Impliedvolatility is a probabilistic calculation for how much the market is expecting a certain asset to vary in price, e.g supply/demand factor :

- IV high > options Demand high > expecting volatility
- IV low > options supply high > expecting neutral / slow deviations

Frankly, there is nothing more attractive than news-scalping on small timeframes with leverage and the Adrenaline that comes with it.

So what if there is another way to have a 70-80x + leverage without getting rekt?

let's dig in 🕳️: While perpetual trading is easier than other derivatives, it comes with a risk of getting liquidated due to manipulated volatility (scam wicks)

So we need a way to not being able to get liquidated

we need

Options

inspired by @DeFi_Made_Here , and in the search of the true Intrinsic value of @ConvexFinance , me and @AbiHanna961 did some math to see truly what is the present value behind it + what benefits you can get as a DAO from buying/locking $CVX instead of $veCRV

let's dig in 🕳️: a quick reminder of what $CVX represents :

technically, $CVX gives you governance power to vote on the behalf of $cvxCRV and $cvxFXS lockers.

you can find the metrics we used for the study down here :

For those who don’t see the potential play behind @y2kfinance , let me walk you through traditional catastrophe bonds : Catastrophe Bonds (CAT) is a high-yield debt instrument that represents an Agreement between two parties allowing the seller of the bond to give the right to the issuer to collect the underlying in case of a certain natural disaster occurs (wildfires, earthquakes, tornados).