AD Derivs. Podcast (Ep. 38) - Kyle Scott, Co-founder @Numoen
AD Derivs: Insights from Crypto Option Traders
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Show Notes
Numoen is a new approach to DeFi options.
We talk about protocol specifics with co-founder, Kyle Scott.
Numoen, an application for interacting with the Power Market Maker Protocol (PMMP), allows any user to hedge their Uniswap V3 LP position in three simple clicks.
PMMP is a suite of non-upgradable smart contracts that function without any trusted intermediaries. The protocol is designed for taking two underlying assets and creating a derivative asset with constant leverage, referred to as "Power Tokens". As a fully autonomous protocol, there are no admin functions and zero external dependencies.
Twitter: https://twitter.com/numoen
Docs: https://docs.numoen.com/
Website: https://www.numoen.com/