Discovering Premia (PREMIA)

Premia (PREMIA) is a decentralized token that aims to revolutionize the options automated market maker (AMM) provider and metavaults. Its primary objective is to provide users with the best prices while introducing peer-to-pool derivatives trading and capital efficiency to decentralized finance (DeFi) options.

Premia facilitates the buying and selling of options, enabling users to earn market yield on DeFi assets and offering risk protection through hedging. With the vision of granting universal access to top DeFi products, Premia operates on a financial infrastructure that allows permissionless access to all users. Additionally, Premia places significant emphasis on research, striving to provide open access to cutting-edge research and innovation in the DeFi space.

The Premia network leverages social media platforms for enhanced accessibility and user-friendliness. Users can stay updated through the Telegram channel, while the Medium blog and Twitter account provide valuable information to both current and potential users. Furthermore, Premia actively engages with its community on Discord and Github.

The Visionaries Behind Premia (PREMIA)

The developers of Premia are currently semi-anonymous, a common practice in the crypto space. They are collectively known as the "members of the Premia republic" and have not announced any plans for doxxing at this time.

Uniqueness of Premia (PREMIA)

Premia stands out for its DeFi-native options architecture, which incorporates market-sensitive pricing based on supply and demand. It utilizes a continuous on-chain reinforcement learning algorithm to achieve crowd-sourced pricing, ensuring the target market price and liquidity utilization rate are met. Moreover, Premia promises capital-efficient markets, enabling even the least liquid tokens to achieve fair market prices with minimal capital usage.

PREMIA tokens are distributed to stakeholders based on their position size and capital economics, driving prices towards market clearing amounts. Compared to other peer-to-pool options protocols, Premia excels in pricing options based on market activity, optimizing pool utilization, and offering risk management to liquidity providers.

Premia's liquidity pools are designed with selectivity in the markets they overwrite, distinguishing them from tokens that overwrite the entire market. This design reduces slippage when purchasing options from the pool. The liquidity pools strategically allocate funds across base level Put/Call pools, incorporating various strategies and dynamic adjustments. Examples of these strategies include volatility shorting for specific assets and options arbitrage between different platforms.

Liquidity pools also feature fair accounting, considering the duration of time users and their capital have spent in the pools. This ensures liquidity is arranged in a first-in first-out sequence.

Explore Related Pages

Learn how to safeguard your crypto holdings and enhance your crypto wealth using options here.

Hedge against impermanent loss with this comprehensive guide by FinNexus.

Dive deep into pooled liquidity in DeFi options with this informative article.

Curious about web 3.0? Click here to find out.

Visit CoinMarketCap's Alexandria to expand your knowledge on cryptocurrency and more.

Total Supply of Premia (PREMIA) Coins

As of October 2021, there are 10.6 million Premia coins in circulation out of a maximum total supply of 100 million coins.

Security of the Premia (PREMIA) Network

Premia has undergone a security check and audit by CertiK, ensuring its network's safety.

Potential of Premia (PREMIA) Coin Reaching $10

As of October 14, 2021, the current value of PREMIA tokens is approximately $2.75, experiencing a nearly 3X increase from $0.90 on October 10, 2021. Given the exponential price rally of PREMIA, it has the potential to rally even further. A $10 price would imply a 3.6X increase from the current price, which should be achievable if Premia continues to gain momentum and attract more users to its platform.

Where to Purchase Premia (PREMIA)

Premia is available for trading on several cryptocurrency exchanges, including Sushiswap, 1inch Exchange, Hotbit, and Hoo.

New to cryptocurrency? Learn how to enter the market and purchase BTC, PREMIA, or any other token on CoinMarketCap's educational portal, Alexandria.