OpFi + DPX, a new direction for DeFi this year?

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23-01-12 11:00

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Crypto KOLMesky

0x214, BlockBeats

What are OpFi and DPX? From on-chain option adoption to the entire DeFi track, why will these two usher in a whole new era? It sounds like an almost impossible task, but this article details how OpFi and DPX can achieve this ambitious goal.

Last week, crypto KOL@tztokchadIn a post on MediumOptions, options, options, details aboutOpFiSome preliminary ideas and applications. It is highly recommended that you read the article first, so that it is easier to understand when you have the context.

This article will not cover the application of OpFi, but will cover the following aspects:

Explain the concept in extremely concise terms.

Explore its significance to DPX.

The secondary effect on DeFi was evaluated.

Simply put, OpFi is DeFi, but backed by options. With the highly innovative use of background options, users will soon be able to do things in DeFi that were not possible before. OpFi is the Holy grail of DeFi and is no longer limited to on-chain TradFi applications. True innovation.

application

Remember, if you want to take the user's point of view, keep it highly concise and short.

Atlantic Straddles: Bet on volatility (as long as the gains and losses are big enough, you'll make money.)

Atlantic Insured Perps: highly leveraged and cannot be liquidated. And it will soon integrate with GMX.

Put-Based Lending: Borrowing at maximum LTV (loan-to-value) loan-to-value ratio, which cannot be liquidated. Non-full mortgages are also allowed.

Synthetic Option Perps: Basically, optimised perpetual contracts. Even if liquidated and with the highest level of leverage, users can still stick to their long/short positions. In addition, because of decay, minimum margin requirements fall closer to maturity, allowing maximum leverage to increase significantly.

Stablecoin Option Vaults, which are cheaper than conversions on the Curve (depending on availability). Curve with fixed interest rate, LP has higher yield. Keep up to date with Y2K Finance and Curve Finance.

What does all this mean for Dopex?

Substantial increase of TAM

With the basics out of the way, let's look at the main idea of this article -- what does this mean for Dopex?

The above are ground-breaking DeFi innovations and any one of these products could be a standalone project. However, these are now derived from Dopex.

Prior to the OpFi concept, Dopex's TAM (Total Available Market) was the crypto options market, which itself was huge.

After the OpFi concept, Dopex's TAM became options, perpetual contracts, lending, stablecoin conversions, and volatility products. This is, quite literally, a paradigm shift of several orders of magnitude.

No vicious competition with DEX and DeFi

Additionally, Dopex itself is not in a competitive relationship with other programs because products such as Atlantic Insured Perps can be used to improve any other DEX. GMX is already doing this.

Cheap strong flat protection mechanism, think about how many users will be willing to use. This is a huge advantage that any DEX will want to integrate with.

People made the transition from horse-drawn carriages to automobiles with the motto "Power does not come from reinventing the wheel, but from making the wheel better."

OpFi will make all the DeFi applications we know today better.

expense

What about the cost? Any charges for all of the above products are includedveDPX. No specific fee structure has been set, but DPX is expected to generate significant fees this year. Be careful to achieve maximum locking while maintaining liquidityveDPXYield...... Details are availablePlutusDAOCheck.

challenge

Most will come online in Q1 this year. I think the biggest challenges to all of this are liquidity (which is also a thorny issue for any fair options program) and user education.

In addition, OpFi had a wide and profound impact on Orbital DEX and PlutusDao. The synergy between the three will only make it stand out from the competition. Time will tell.

In the year of on-chain options, DPX is at the forefront

That being said, I'm still right$DPXThe team is full of confidence. There's a lot to give up in crypto, but you can never go away from adaptability, community, and a strong team. Dopex has exactly these three core qualities.

DPX's fundamentals have never been so positive. We've all read the predictions for 2023, which analysts have been claiming will be the year of on-chain options. DPX is at the forefront of that narrative, and has been innovating in a way that has surpassed any of its competitors.

等这些产品上线后，我将用具体数据佐助更详细项目的介绍。 2023 年，Dopex 将巩固其「DeFi 巨擘」的地位、为 DeFi 领域中最好的应用程序提供支持、同时还将构建一些自己的应用程序。让我们拭目以待。