Carmine Finance has a simple goal. Take care of crypto risk.
Carmine community takes care of risk through insurance, hedging, and monitoring. We are pushing the boundaries of these.
Through Carmine Options AMM, blockchain users and protocols can hedge or insure against the risks that apply to them and through DeRisk anyone will be able to monitor these risks.
Options AMM that allows users not only to buy but also to sell options. This has cool implications for liquidity providers - it minimizes their risk and increases the utilization of provided capital. Alongside standard pair listings, one can trade options for different underlying assets such as NFT portfolios and more.
We view options as “if statement with market pricing”. Imagine being-or not being-able to use an “if statement” while implementing some software. Viewing options in this manner introduces a revolutionary approach, providing a major building block for DeFi composability.
Things that can easily be built on top of these building blocks include:
The smart contracts are written in such a way that anyone who deploys them can easily build products on top or leve...