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(Press Release – London, United Kingdom, May 31, 2023)
Marking a Seismic Shift in the Digital Asset Landscape, DeFi Platforms bumper today unveiled the findings of their extensive simulation, demonstrating new pricing capabilities on traditional options desks ahead of the protocol launch in August 2023.
This reports Portrays a milestone in financial technology, showcasing an entirely new financial instrument that consistently outperforms existing options desks in generating both a competitive premium and sustainable yield Real, multi-year historical cryptocurrency market data and is backtested against the prices of the options.
The report is the culmination of a two-year exercise in research and development driven by an investment of $20 million and achieved in collaboration with CADLabs and the Swiss Center for Cryptoeconomics.
Highlights of the simulation report:
- On average, bumper takers paid 9.3% cheaper premiums than buyers of traditional put options.
- During the bear market of 2022, Bumper’s simulation showed a 46.2% yield improvement for makers compared to option pricing without resorting to token incentives.
- The protocol remained solvent under simulated conditions.
- Despite having different inputs and methodologies, Bumper’s results reveal remarkable correlations with the Nobel Prize winning Black-Scholes model.
These results have been important in understanding and respecting the flexibility of the Bumper Protocol in diverse market conditions.
Upon the report’s release, Bumper CEO Jonathan DeCarteret said, “By challenging and potentially reshaping the accepted norms of options pricing, Bumper stands to revolutionize not only the crypto options market, but It also has the potential to penetrate traditional finance and disrupt the huge $13T derivatives market in the future.
The report outlines the anticipated results of bumper dynamic pricing, which is based on forward volatility rather than normal implied volatility.
The findings of the simulation report see Bumper as a highly attractive prospect for institutions and fund managers, apart from retail crypto investors.
The economic simulation report released today marks the most significant validation to date of Bumper’s innovative approach and signals what may be one of the most important challenges to Black-Scholes derivative pricing in half a century.
Read the simulation report of the bumper hereand for more information about the protocol see
about bumper
Bumper is a DeFi risk marketplace that provides protection against crypto asset price declines. Users (takers) who buy a security set a price at which they want to protect their crypto should the price fall, but they don’t lose out if the market turns up. Conversely, other users (creators) earn income by providing stablecoin liquidity to the protocol.
Binance Free $100 (Exclusive): Use this link to register and get $100 free and 10% off on Binance Futures for the first month. (terms).
PrimeXBT SPECIAL OFFER: Use this link to register and enter the code CRYPTOPOTATO50 to receive up to $7,000 on your deposit.
(Press Release – London, United Kingdom, May 31, 2023)
Marking a Seismic Shift in the Digital Asset Landscape, DeFi Platforms bumper today unveiled the findings of their extensive simulation, demonstrating new pricing capabilities on traditional options desks ahead of the protocol launch in August 2023.
This reports Portrays a milestone in financial technology, showcasing an entirely new financial instrument that consistently outperforms existing options desks in generating both a competitive premium and sustainable yield Real, multi-year historical cryptocurrency market data and is backtested against the prices of the options.
The report is the culmination of a two-year exercise in research and development driven by an investment of $20 million and achieved in collaboration with CADLabs and the Swiss Center for Cryptoeconomics.
Highlights of the simulation report:
- On average, bumper takers paid 9.3% cheaper premiums than buyers of traditional put options.
- During the bear market of 2022, Bumper’s simulation showed a 46.2% yield improvement for makers compared to option pricing without resorting to token incentives.
- The protocol remained solvent under simulated conditions.
- Despite having different inputs and methodologies, Bumper’s results reveal remarkable correlations with the Nobel Prize winning Black-Scholes model.
These results have been important in understanding and respecting the flexibility of the Bumper Protocol in diverse market conditions.
Upon the report’s release, Bumper CEO Jonathan DeCarteret said, “By challenging and potentially reshaping the accepted norms of options pricing, Bumper stands to revolutionize not only the crypto options market, but It also has the potential to penetrate traditional finance and disrupt the huge $13T derivatives market in the future.
The report outlines the anticipated results of bumper dynamic pricing, which is based on forward volatility rather than normal implied volatility.
The findings of the simulation report see Bumper as a highly attractive prospect for institutions and fund managers, apart from retail crypto investors.
The economic simulation report released today marks the most significant validation to date of Bumper’s innovative approach and signals what may be one of the most important challenges to Black-Scholes derivative pricing in half a century.
Read the simulation report of the bumper hereand for more information about the protocol see
about bumper
Bumper is a DeFi risk marketplace that provides protection against crypto asset price declines. Users (takers) who buy a security set a price at which they want to protect their crypto should the price fall, but they don’t lose out if the market turns up. Conversely, other users (creators) earn income by providing stablecoin liquidity to the protocol.
Binance Free $100 (Exclusive): Use this link to register and get $100 free and 10% off on Binance Futures for the first month. (terms).
PrimeXBT SPECIAL OFFER: Use this link to register and enter the code CRYPTOPOTATO50 to receive up to $7,000 on your deposit.
