CVI Integrates Polygon To Enable a Full Stack Scaling Solution For Its Users
The Crypto Volatility Index is happy to announce a partnership with Polygon. This will enable CVI users to process transactions outside of the main Ethereum chain, with the experience of reduced gas fees and faster execution.
This integration will allow more people to use the Crypto Volatility Index to hedge themselves against market volatility and impermanent loss while saving most of their gas costs.
About Polygon:
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Polygon POS, designed for flexibility and independence.
About CVI:
CVI is created by computing a decentralized volatility index from cryptocurrency option prices together with analyzing the market’s expectation of future volatility. By computing a decentralized volatility index (CVI) from cryptocurrency option prices, the new system analyzes the market’s expectation of future volatility. COTI’s method addresses the challenging liquidity environment of this evolving asset class and allows us to extract the needed data to evaluate implied volatilities.
INFO:
