Arbitrum Welcomes Live Launch of Future-Proof DeFi Options Exchange, Premia Blue
Premia Blue: Revolutionizing DeFi Options Trading
Road Town, British Virgin Islands – September 13, 2023
Premia Blue is an exceptional DeFi platform that caters to traders and liquidity providers of all levels of experience. It offers unmatched capital efficiency, user functionality, and composability in the DeFi space. This groundbreaking platform introduces fully customizable European-style crypto options with market-driven pricing and dual trading modes, namely AMM and Orderbook. Unlike any other options platform in DeFi, Premia Blue allows traders to compose products regardless of their preferred trading method.
One of the key features of Premia Blue is its accessibility to traders and liquidity providers with varying levels of knowledge, skill, and experience. With its unique features, seamless user experience, and easy onboarding process, anyone can participate in the world of trading and liquidity provision. Liquidity providers have the freedom to open pools on any ERC-20 token without permission, while also having the ability to customize their risk profile. The platform’s innovative features such as ‘smart range orders’ and ‘concentrated liquidity’ enable liquidity providers to maximize their capital and potentially earn passive yields through ‘strategy vaults’.
Premia Blue empowers traders, market-makers, and liquidity providers with its robust feature set. Users can optimize their strategies and seamlessly earn potential yield with upcoming features like margin trading, spreads, and lending products. To further incentivize users, Premia Blue is running a special promotion where users can receive 50% of protocol commissions back on referrals during the initial month.
DK, a vibe broker at Premia, stated, “The hybrid nature of Premia Blue is the best of both worlds. To compete with the big boys, we knew we needed to match costs at the granular level while offering novel primitives and transparency that the big boys cannot match. Centralized fees – decentralized attitudes.”
Setting a New Standard in Options Protocols
Previous versions of DeFi options protocols, including Premia version two, followed a vault-style design where users could provide liquidity or buy options. However, these protocols had limitations such as LPs assuming risk across all strikes and expiration dates, and traders facing low liquidity and inefficient pricing models. Premia Blue changes the game by merging an order book, algorithmic strategies, and an AMM in a fully composable and on-chain manner. The on-chain order book, available on Arbitrum Nova at no cost, ensures that users’ orders are not censored or front-run.
Premia Blue retains the best aspects of the pool-to-peer protocol design with strategy vaults, but also introduces new sources for liquidity, including an RFQ-network, concentrated liquidity pools, and the ability to expand passive management strategies via vaults. These sources are combined in a decentralized limit-order book fashion. As a result, pricing becomes fully market-driven, and traders receive competitive price quotes from multiple inventory sources.
Introducing Premia Blue’s Exclusive Referral Program
Premia Blue invites users to embark on their DeFi journey and take advantage of an exclusive offer – 50% of protocol commissions returned on referrals for the initial month. This initiative is carefully crafted to reward individual advocates and platform developers alike. Users can register on their profile page or explore the detailed offers to learn more.
About Premia Blue
Premia Blue, formerly known as Premia Finance, is not just a DeFi options platform; it represents a shift towards a democratized financial landscape. Anchored in the principles of Public Redux of Economic Market and Investment Access, Premia Blue aims to provide universal access to investment opportunities and foster economic empowerment. The platform offers a comprehensive suite of services through the Premia Blue DApp and educational resources via Premia Academy. Initially launching exclusively on Arbitrum, Premia Blue has ambitious plans for omni-chain functionality. Join Premia Blue in reshaping the financial horizon.
For more information, visit the links below:
Website | Premia Blue | Docs | X | Discord | Blog | YouTube | GitHub
Disclaimer: Please note that Premia does not provide investment advice, and nothing herein should be construed as such. It is important for anyone considering trading or holding derivatives or crypto assets to be aware of the high risk involved. Individuals should seek advice from a professional advisor before making any high-risk investments.