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Podcast: AD Derivs: Insights from Crypto Option Traders
Episode: AD Derivs. Podcast (Ep. 38) - Kyle Scott, Co-founder @Numoen
Description: Numoen is a new approach to DeFi options. We talk about protocol specifics with co-founder, Kyle Scott.Numoen, an application for interacting with the Power Market Maker Protocol (PMMP), allows any user to hedge their Uniswap V3 LP position in three simple clicks. PMMP is a suite of non-upgradable smart contracts that function without any trusted intermediaries. The protocol is designed for taking two underlying assets and creating a derivative asset with constant leverage, referred to as "Power Tokens". As a fully autonomous protocol, there are no admin functions and zero external de...