Description
Potion Labs underpins Potion.finance, a decentralized platform aiming to revolutionize DeFi through advanced risk management and insurance solutions powered by smart AMM technology. Leveraging the Kelly Criterion for optimal bet sizing, Potion.finance facilitates the buying and selling of options to manage investment risk effectively. Through this innovative liquidity algorithm, users gain a tool for more stable and informed trading decisions. Potion Labs ensures transaction transparency and security via blockchain and smart contracts, offering a self-custodial insurance mechanism against market volatility. Furthermore, Potion is a decentralized protocol for creating price insurance contracts on the Ethereum network, enabling protection against price drops across a diverse range of assets such as BTC, MKR, Link, Gold, or Tesla, with customizable limits and terms. Building on UMA DeFi legos and benefiting from priceless oracling, Potion was developed during the #hackmoney hackathon, showcasing a significant leap in DeFi capabilities by providing robust risk management and insurance utilities in the blockchain ecosystem.
Potion Labs underpins Potion.finance, a decentralized platform aiming to revolutionize DeFi through advanced risk management and insurance solutions powered by smart AMM technology. Leveraging the Kelly Criterion for optimal bet sizing, Potion.finance facilitates the buying and selling of options to manage investment risk effectively. Through this innovative liquidity algorithm, users gain a tool for more stable and informed trading decisions. Potion Labs ensures transaction transparency and security via blockchain and smart contracts, offering a self-custodial insurance mechanism against market volatility. Furthermore, Potion is a decentralized protocol for creating price insurance contracts on the Ethereum network, enabling protection against price drops across a diverse range of assets such as BTC, MKR, Link, Gold, or Tesla, with customizable limits and terms. Building on UMA DeFi legos and benefiting from priceless oracling, Potion was developed during the #hackmoney hackathon, showcasing a significant leap in DeFi capabilities by providing robust risk management and insurance utilities in the blockchain ecosystem.
