Crypto Volatility Index (CVI) Announcing V2 Plan
A decentralized volatility index for the crypto space CVI Finance announcing V2. The Crypto Volatility Index Version 1 was launched as beta last October 2020.
The CVI is created by computing a decentralized volatility index from cryptocurrency option prices together with analyzing the market’s expectation of future volatility and works in a decentralized fashion by using a network of decentralized Chainlink oracles.
The CVI trading platform has been live on mainnet since January and has been generating cash flow for $GOVI holders.
Recently CVI announced its version 2 (V2). The CVI 2.0 Version will have a lot of improvement. It also brings 3 innovative systems.
💢 Layer 2 Solutions— While Ethereum 2.0 and Rollups is on its way, CVI V2 will launch with an integrated Layer2 solution on Mainnet, to make users’ save most of their gas costs.
💢 Margin Trading—allows a trader to take a leveraged position in order to increase his return and capital efficiency, as well as in order to better hedge himself against volatility and impermanent loss
💢 Volatility Tokens—this is the greatest innovation in V2. Instead of opening a position, users can simply use a DEX to buy a token that represents the position they wish to have.
ABOUT CVI Finance
CVI is a crypto volatility index, a decentralized version of VIX (known as the “Market Fear Index”) for the crypto market, predicting volatility in BTC and ETH. The CVI index calculation is based on the classic approach as Black-Scholes option pricing model and is adapted to the current crypto-market conditions.
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