Description
KAKI is a decentralized, non-custodial options trading platform built on the Arbitrum network, focusing on demystifying and democratizing access to the financial derivatives market through blockchain technology. It provides a permissionless, secure, and transparent environment for writing and trading options contracts without intermediaries. KAKI emphasizes a frictionless trading experience by leveraging DeFi mechanisms to ensure liquidity and improved pricing strategies. It utilizes smart contracts for automated execution and settlement, reducing counterparty risks. Central to its innovation is the use of an automated market-making mechanism for spot exchanges, eliminating reliance on oracle feeds for price determination. The options pricing follows the Black-Scholes (BS) model, supporting its mission to lower the entry barrier for retail traders in the options market. The platform aims to foster financial inclusivity by offering user control over transactions and striving towards a writer market-making and decentralized options exchange model that addresses Delta risks and enhances options recycling, aligning with the wider goals of DeFi for transparency and financial empower...
KAKI is a decentralized, non-custodial options trading platform built on the Arbitrum network, focusing on demystifying and democratizing access to the financial derivatives market through blockchain technology. It provides a permissionless, secure, and transparent environment for writing and trading options contracts without intermediaries. KAKI emphasizes a frictionless trading experience by leveraging DeFi mechanisms to ensure liquidity and improved pricing strategies. It utilizes smart contracts for automated execution and settlement, reducing counterparty risks. Central to its innovation is the use of an automated market-making mechanism for spot exchanges, eliminating reliance on oracle feeds for price determination. The options pricing follows the Black-Scholes (BS) model, supporting its mission to lower the entry barrier for retail traders in the options market. The platform aims to foster financial inclusivity by offering user control over transactions and striving towards a writer market-making and decentralized options exchange model that addresses Delta risks and enhances options recycling, aligning with the wider goals of DeFi for transparency and financial empower...
