CVI Volatility Tokens Went Live

Published on: 08.12.2021

Crypto Volatility Index (CVI) Volatility Tokens are now available on both the secondary markets and the CVI platform. 

Volatility Tokens are a groundbreaking solution for trading crypto volatility. The tokens are the first of their kind funding-fee-adjusted-rebased volatility Tokens. The unique underlying technology allows them to maintain a peg to their respective range-bound volatility index (either CVI or ETHVI). The end result is a product similar to the hugely popular VIX ETNs of the traditional stock market, fully adapted for crypto markets.

Volatility Tokens have succeeded in bringing a new way of trading volatility, while rendering CVI perfectly compatible with the greater Defi ecosystem, thus achieving another major milestone.

  • ETHVOL was the first Volatility Token we launched, and it is pegged to our new ETHVI index, which tracks the implied volatility on Ethereum
  • ETHVOL can be traded on the Ethereum based DEX Uniswap V2, attracting the attention of traders and arbitrageurs when there is a difference in prices between the Uniswap and the CVI platform.
  • CVOL, is the first volatility token in the market that is pegged to the implied volatility of both Ethereum and Bitcoin, by being pegged to the CVI index. CVOL can be traded in the Polygon network on QuickSwap.

All the volatility Tokens’ arbitrage-related operations performed on the main platform (mint / burn) will result in an increase in collected fees distributed to GOVI stakers.

Users can now buy or mint ETHVOL/CVOL tokens to provide liquidity to ETHVOL-USDC pool on Uniswap and CVOL-USDC pool on QuickSwap. They can then stake their ETVOL-USDC and CVOL-USDC LP tokens on the CVI platform.

ABOUT Crypto Volatility Index (CVI)
CVI
is a decentralized volatility index for the crypto space — powered by COTI network.

RESOURCES
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