DeFiOptions-core

Not yet. For now the project "alpha" version is only deployed on Kovan testnet, in which ETH is free. When I started coding this project ETH price was around US$ 500, and gas prices around ~40 Gwei, making it feasible to launch the project on mainnet without much hassle using my own funds. Since then ETH has gone up to the roof. Now ETH is ~US$ 1900 and gas price ~150 Gewi, making it 14x more expensive to launch. I'm still evaluating if I should launch on ethereum mainnet or in a different solidity compatible blockchain (ex: Binance Smart Chain, Avalanche) once the project reaches a beta version due to the cost of deployment. In the project main page I ask for donations for covering deployment costs [1], but so far I was unable to secure any funds. [1] https://github.com/TCGV/DeFiOptions#support-mainnet

> 1] https://github.com/TCGV/DeFiOptions so you _did_ end up buying a boat load of ethereum i presume?

I have been keeping up with the developments in the crypto space from the outside for the past few years. Never really invested in any currency as it always felt too risky / speculative for my taste. It wasn't until last year with the upcoming of DeFi (Decentralized Finance) that I decided to get involved somehow, instead of just watching innovation happen. I also think this really has a lot of potential. So I started investing my free time for building an experimental decentralized options exchange [1] in order to develop myself / become qualified in this field. Worst case scenario I end up with a cool project on GitHub that never took of but provided me an awful lot of knowledge and some new friends. [1] https://github.com/TCGV/DeFiOptions

Thanks man! Had to read about what Numeraire[1] means for answering, didn't know that concept! My approach was to treat all accepted stablecoins as having the same value pegged to the USD. Upon depositing tokens a conversion is made to normalize the value that is added to the address balance in the exchange, since different stable coins may have different decimal places in their representation. You can see this code here in the "depositTokens" function of the "CreditProvider" contract: - https://github.com/TCGV/DeFiOptions/blob/master/contracts/fi... The "token conversion rate" is applied in line 85 to the deposited value. [1] https://en.wikipedia.org/wiki/Num%C3%A9raire

DeFi is a very innovative field indeed. What I find most appealing is that some popular derivative protocols are yet inefficient in some ways, which means there is a lot of room for new solutions to come along. For instance, I'm interested in options trading, and there is a lot of competing protocols [1] each one with it's advantages and disadvantages. One of the most popular, Hegic [2], employs liquidity pools pricing options at a really expensive value due to a simplified pricing model (good for writers). Shameless plug: I myself have been playing with smart contracts in my free time and deployed a tokenizable options trading decentralized exchange [3] (on kovan testnet nonetheless!) trying to address some os these points. Learned a lot implmementing it, and I find amazing that anyone can come up with their own DeFi solution. [1] https: