I am thinking of this for a long time, also following Opium Liquidity Pools (ETH, USDC, 1inch etc)
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ETH pool looks interesting (The Defi Option Vault), has more conservative approach than Ribbon and few others, however has 2x leverage and IMO has nice risk/return ratio.
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Why there is no possibility to use stETH as a collateral there? I assume stETH is quite liquid and buyers of those options would not mind to have it as a collateral.
With stETH as a collateral, the Defi Option Vault offers a more capital-efficient way to sell options and provides buyers with peace of mind. IMO Opium risk/return ratio is one of the best in the industry, making it an attractive investment opportunity.
Question to contributors, is it technically possible? What is stopping us?