DIVΞR's DIGEST #4(, ). Ahoy there and welcome to Diver's Digest, the official newsletter of the Divergence Protocol.
22 Nov 2021, 13:55
DIVΞR's DIGEST #4(🤿, 🤿) 🦃
V 🔱
Ahoy there and welcome to Diver's Digest, the official newsletter of the Divergence Protocol. Y'all ready? Let's dive in:
🚨Frenly reminder🚨
There are STILL Non-Fungible DIVΞRs remaining to be claimed by our LBP contributors. Their numbers are regrettably limited as we were on a time crunch. If you haven't already, check to see if you've won the lucky draw.
P.S. You can additionally claim a Spear NFT as a perk if you are a contributor who hold non-zero $DIVERs at the end of our LBP. Details below.👇
📰 News 📰
❇️End of Divergence Mock Options Trading Battle
Our 14-day mock options trading battle on the Arbitrum Rinkeby Testnet has concluded. USDC rewards have been distributed to the winners' Ethereum Mainnet addresses.
❇️ Claim Your Spear from the DIVΞRs Armory!
All participants in the Mock Options Trading Battle and those who participated in the Balancer LBP - who held non-zero balances at the end of the LBP (sorry, flipperz & bots) - are eligible to claim their Spear NFTs very soon! These are claimable via Arbitrum so you can save on gas!
❇️ DIVΞR Lazer Eyez
Now added to our media kit. Help yourself and put it on whatever you like :) 🙌Media Kit
👀Upcoming👀
❇️ Fixing the bugs and issues reported
We have been receiving several feedbacks from different whitehats during our Immunefi public bug bounty program; besides, a couple of issues also aroused during our first public trading competition earlier. We are getting all of these issues resolved steadily before launching the product on Mainnet.
❇️ Continue to improve the UI/UX
For Divergence, user experience is always key and we strive to make options trading as simple as swapping tokens on a DEX. We are currently working with our internal designers and have some proposed edits to the UI/UX based on feedback we receive during the trading competition.
❇️ Optimize protocol pricing curves
Our recently added public trading competition on Arbitrum Rinkeby served as a testing ground for our binary options pricing curves. Currently, we are working on optimizing the curve to improve market-making efficiency and to solve some issues it would face under certain market circumstances.
📊Crypto Options Market News📊
❇️ETH prices are finding footing, great for vol-sellers.
❇️ Backwardation in the term structure and negative skew. Look for volatility headed into expiration this month. #BTC
❇️From last week's caution to new optimism, as large Dec Call purchases made in ETH 5k+6.5k & BTC 64k+75k strikes.
🦃 Miscellaneous 🦃
🚀Binary Options Trading For Beginners Series
🌊Archaeologists discover salt workers' residences at underwater Maya site