Crypto.com and The Crypto Volatility Index Protocol (CVI) are partnering up!
Users can now directly access CVI’s RSS news feed through GOVI’s price page on the Crypto.com platform.
The Crypto.com users will be able to easily get all the latest CVI news and updates thanks to this new feature. Moreover, all users wishing to be updated on GOVI, our governance token, will also be able to access its price, trading volume, live charts, and more.
About CVI — The leading Volatility Index Protocol in DeFi
The index was created by the COTI team who partnered with Prof. Dan Galai, the creator of the original VIX, to develop a “market fear index” for the crypto market.
Built on Ethereum and Polygon, CVI is a protocol that consists of an index that tracks the 30-day implied volatility of Bitcoin and Ethereum. The index ranges from 0 to 200 and is produced based on a Black-Scholes option pricing model, which calculates the implied volatility of crypto-currency option prices and analyzes the market’s expectations for future volatility.
By trading the index users can:
A.- Buy a position in the index if they believe volatility in crypto is about to grow, as a speculation or as a hedge for their portfolio
B.- Become platform liquidity providers to earn fees if they feel that volatility will decrease or remain the same.
C.- Protect their position as liquidity providers on DEXs against impermanent loss (caused by major fluctuations in asset price, regardless of the direction).
D.- Earn $GOVI, the DAO token of CVI, on all of the above.
About GOVI
The CVI platform is governed by the $GOVI token.
CVI includes a decentralized governance component, where GOVI token holders can vote on matters such as the tradable assets, leverage used, deposit amounts, platform fees, etc.
By staking their GOVI tokens, GOVI stakers will also earn a share of the fees collected from the CVI platform.
About Crypto.com
Crypto.com has become a popular full-grown international cryptocurrency hub in just a few short years since its foundation in 2016. The Crypto.com App, Crypto.com Exchange, Crypto.com DeFi Wallet, DeFi Swap, Crypto.com Visa Cards, Crypto Earn, Crypto Credit, Price Page, NFT marketplace, Ethereum Gas Fees Tracker, and many other services make for its ecosystem.
Crypto.com’s main goal is to provide the most convenient way to trade cryptocurrencies. In order to achieve this, it collaborates with regulatory institutions around the world. Crypto.com’s DeFi wallet is non-custodial, so users can have full control over their private keys.
For all of our updates and to join the conversation, be sure to check out CVI channels:
Website: https://cvi.finance
Whitepaper: https://cvi.finance/files/cvi-white-paper.pdf
Twitter: https://twitter.com/official_CVI
Telegram (group): https://t.me/cviofficial
Telegram (channel): https://t.me/cvichannel
