CVI AMA Recap — Crypto Volatility Index V2
The AMA was held in the CVI Telegram group on August 11th, at 13:00 UTC.
Hello, dear CVI community! 👋
Thank you for being with us today for this AMA! We thought it was the perfect time for a small AMA as we recently launched the CVI V2 platform and we saw many of you had questions regarding it.
This AMA will soon start and feel free to send your questions as you have the best from the best answering you today 😉🌟
The team members to be with us today for this AMA are Yoni Neeman, Costa Chervotkin, Tomer Armarnik, and Amir Hagafny (our newest addition to the team!)
I am sure you already know them but just in case, guys, please introduce yourselves ☺️
@Costacher @rmrnktmr @Yoni_n @Hagafny
Tomer:
Hi, my name is Tomer Armarnik and I am part of the core members of the CVI platform development team.
Amir:
Hi everyone, my name is Amir Hagafny. I hold a BSc in Computer Science from IDC Herzliya. I worked in both startups and enterprises in the fields of Cybersecurity and Fintech. Crypto became my main focus since discovering it 5 years ago. I am fascinated by the innovation opportunities crypto and DeFi introduce and I am excited to be working on a product that captures this innovation spirit and has an ambitious goal of becoming an industry standard.
Yoni:
Hey everyone, I’m Yoni Neeman, I’ve been part of the dev team at COTI for the last 3 and a half years and I am COTI’s chief innovation officer.
Costa:
Hey, I’m Costa Chervotkin and I’m a Product Manager at COTI for the last 3+ years.
Oriane:
Thanks, guys 👍
Quick reminder: this new version brings you some amazing improvements and new features:
- Volatility Tokens and composability: a huge milestone that bring a new and innovative concept to trade volatility, while making CVI truly composable to the greater Defi ecosystem.
- Margin Trading and improved capital efficiency: traders now have an optimized capital efficiency to their trades.
- USDC Platform: in which you can now open positions, provide liquidity and stake their CVI USDC liquidity tokens through CVI.
- Revamped Design: an easy-to-use UI/UX that makes the Crypto Volatility Index platform “smoother” and more efficient for traders.
Read all about it here:
Community:
Is your project a local project or a global project? Can anyone use your services from anywhere in the world? Are there any restrictions on using your service?
Tomer:
Yes, the project is global in the sense that anyone can join any of the CVI platforms on Ethereum and/or on Polygon.
The community part including their useful feedback and request is one of the major avenues to help grow such a project.
Community:
I would love to see Matic on Polygon. This seems logical since you already have eth on erc20
Tomer:
We definitely need to keep this option high on our list :}
Community:
CVI was made by COTI, why is the COTI coin not listing on CVI???
Tomer:
We try not to play favourites, even for ourselves
Community:
Congrats Team, great job CVI v2! I would like to know is there any plan to decrease the CVI index refresh interval? One hour in the crypto market seems excessive….
Yoni:
Yes and in addition to that we’re also finalizing a first of its kind dex-entwined amm, which adds an element of the free market to the platform, meaning the price will also be affected by supply and demand, in essence, will change in realtime (which still remaining peg to the index)
Community:
Strange question but I’ll ask it. Is there anything the team would like the community to do more of or less of in a positive way to promote $GOVI 💎 Thanks 👍
Amir:
Make sure you are vocal about the benefits of the CVI platform. You can talk about real-time scenarios such as the impact of the US infrastructure bill on the volatility and how it benefited people that expected that volatility and opened a position in the CVI. Also, don’t forget to let people know about the benefits of holding GOVI
Community:
Any deadline to release GOVI tokens on exchanges or dex markets?
Yoni:
They’ve been ready to release for a few weeks already — We’re just finalizing all the documentation for our new type of players in the platform — The arbitrageurs, who will be able to mint/burn them to have very interesting arbitrage plays
Community:
We’ll need to see more CVI integration on Major DEFI places to establish ourselves and attract big fish.
Amir:
Our Business Development team grew in the last couple of weeks and they are hard at work on making big moves happen. The goal is to make the CVI an industry standard and partnering with well-known protocols is definitely a key part of that happening
Community:
Congratulations on your successful listing on Orion LP. Two leading decentralised platforms unite. When CVI widget on Orion terminal 🙂? Is the widget in the works already?
Amir:
Yes, the widget is in the works and will be ready for release soon.
Community:
Is there any new official API to retrieve the CVI rather than an Ethereum contract? I couldn’t quite work out the contract stuff 😜
Amir:
A new API is currently in the works and it will be super easy to retrieve the CVI information from it. We will update the community when it will be released publicly
Community:
I am a little concerned about providing liquidity on the platform although the rewards in GOVI tokens make up for some loss. I hope the team will make the necessary adjustments regarding the fees for the balance when the rewards in GOVI end.
Yoni:
This is of the highest priority and we have numerous developments related to it. Also, in the future, the platform would not rely on rewards at all. They did provide a huge advantage to everyone by giving the ability to parallelize development time between focusing on adjustments/balancing and adding new features such as those completed for v2 (Layer2, margin and the volatility tokens). We can now build upon these features to reach the ideal balance for the platform
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
