froggie 🐸🐧

this is going to be huge. i haven’t talked about it much bc i didn’t want to get ppl too excited while we finished polishing it and the excitement turn to fatigue, but it’s almost at the finish line. Kyan will be a stark contrast from what is seen today in the defi-options space. Portfolio margin isn’t a new feature necessarily, a couple protocols are providing margin in some way in defi-options, but Kyan will be the first to offer multi-leg strategies (upto 6 legs) w/ the ability to hedge w/ perps, all in-house under one unified system, and that’s just the start! One-click trading and a Combo/position builder that many are familiar with but with some new quality of life improvements like a “shopping cart” so u can grab positions while looking over different orderbooks, or check charts and not lose the position(s) you were interested in. There are actually a lot of ways to easily customize your positions, leg in/leg out to change strategies, and manage portfolios across multiple accounts. We put a lot of time into the design/ux of kyan, so although feature rich, it is designed to be extremely easy to navigate and use. isolated margin will be coming shortly after initial launch to provide a fuller experience for both our options and perp users. Doing this all in-house enables us to also be able to then create our own spot markets. So as you can see, Kyan is much different than previous versions of Premia. Kyan is a low latency, high performant derivatives exchange. This new experience has been over a year in the making with pro-traders and institutions in mind. Liquidity will be deep day 1 with multiple mm’s signed and an experience tailored more towards what is found on deribit, but on-chain and w/ a much cleaner ux. All this said, we haven’t forgotten about our users who aren’t looking for a traditional exchange experience and want the more “defi-native” dex experience, so we built @archetype_blue Archetype currently is a cross-chain meta aggregator w/ some pretty cool extra features enabled by Premia (and soon Kyan). We aggregate the top dex aggregators across most evm compatible networks and charge no fees to give users best execution and pricing on swaps. You can also just purchase vanilla options in a more defi-native ui, powered by Premia on the backend. Now, on @arbitrum, users can set up smart accounts to take advantage of a feature we call “price protection”. It allows you to package a call or put option for any of the supported assets with an expiration of your choosing and a strike closest to the spot price of your swap, all in a single txn by bundling the txns. we have other features planned for Archetype such as different types of aggregation and new networks, but with the launch of Kyan, we’ll be able to do cool things like package perps w/ spot swaps in a single txn too! A lot of stuff coming and im super excited for everyone to get to see it all over this next year = )

@dhh In retrospect, it's wild how much nonsense the open-source community has tolerated to avoid offending a small group of ultra-sensitive power addicts.

This is a solid demonstration of Railgun's privacy pools mechanism ( papers.ssrn.com/sol3/papers.cf… ) working in practice, allowing Railgun to avoid serving proceeds of crime without using any snooping / backdoors. How it works: * Anyone can deposit into Railgun. * After you deposit, there is a 1 hour period during which various algorithms detect whether or not the deposit likely came from what the algorithms consider to be criminal activity. * If your deposit passes the filter, then after 1 hour you can use ZKPs to withdraw privately (but ideally wait longer to get a good-enough anonymity set). * If your deposit fails the filter, then you can only withdraw back to your own address. There is no risk that your funds will get frozen/seized, you just can't benefit from the privacy pool. If you disagree with Railgun's filters, anyone is free to fork and make their own pool with their own rules, though if you can't get reasonably wide public support you're going to have a tiny anonymity set. railway.xyz

Premia v4 (Kyan) will be an order book based Options and Perpetual Futures decentralized exchange, with a smooth CEX-like experience 🔵 Kyan will support Market Limit, Fill-Or-Kill (FOK), Immediate-Or-Cancel (IOC), and Request-For-Quote (RFQ) orders. x.com/PremiaFinance/…