Dopex Rebate Token RDPX Price 5.18

The aim of Dopex is to maximize liquidity, minimize losses for option writers and maximize gains for option buyers in a passive manner. There is a The option pools on Dopex allow anyone to participate and deposit base/quote for their respective pools to gain passive income from option writing and purchasing discounted options through liquidity pools which could then be arb-ed for an instant profit. The protocol is governed by users through a token called DPX, which is used to collect protocol and app layer fees. Dopex offers a system for losses incurred by option writers based on exercised options. There is a The percentage losses incurred by option writers for an epoch and a percentage of rDPX relative to the value of losses incurred are calculated and distributed to option pool participants. There is a There is a In the future, rDPX can be used to borrow capital from the margin pool to leverage option positions or to mint synthetic derivatives of assets supported within the protocol. There is a This inherently gives the rDPX token real value and creates a positive feedback loop for liquidity to grow and option writers/traders to participate.