How Can DeFi Farmers Use Divergence’s Options to Manage Volatility
In DeFi, trading crypto options and hedging volatility can be hard. Divergence, an emerging decentralized protocol, aims to make it simple for users. It offers binary options for blockchain-native asset prices, LP tokens, interest rates, and farmed yields. In just three months after its social media debut, it quickly gained traction with crypto communities. The protocol is backed by some of the leading VCs in the blockchain industry such as KR1, Mechanism Capital, Arrington Capital, and P2P Capital. Its list of angel investors includes Do Kwon from Terra Labs, Diane Dai from DoDo, Sandeep....
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The backbone of our nation, farmers stand to benefit the most from sovereign money that cannot be diluted or degraded.
Since February 2020, we have seen a steady growth of the blockchain space and, most significantly, decentralized finance. While DeFi isn’t entirely new, the network’s growth has been more aggressive this year than it has ever been. The distribution of COMP governance token and the introduction of yield farming protocols around June this year has made DeFi the most engaging conversation in the blockchain space, no doubt. DeFi Yield Protocol (DYP) Decentralized finance has only grown this much because of the control and ease it offers users. By allowing users to utilize....
There is an interesting project currently taking place in Argentina. Nubis Bruno, an Argentinean web developer and entrepreneur, has found a way to help local organic farmers sell their products using Bitcoin. In Buenos Aires, organic farmers are struggling to sell their products. However, some farmers have found an alternative. With the help of Bitcoin, these farmers have succeeded in creating an online presence where they can sell their organic vegetables directly to customers with no fees or middlemen getting in the way. Santiago Zaz, a friend of Nubis Bruno, is a member of an organic....
Bitcoin startup Bitmari is leading efforts at introducing a Zimbabwe Women Farmers Accelerator program that is aimed at opening the doors of bitcoin to farmers as an alternative to cash, reports TechZim, a Zimbabwe technology news site. The bitcoin-based money remittance service for the African market based in Zimbabwe has recently been laying the foundations to extend its financial services to a small group of rural female farmers through an accelerator program. The Zimbabwe Women Farmers Accelerator has been set up that will work with ten women farmers from ten provinces. Its aim is to....
Overstock’s Farmers Market service connects organic, local farms with customers, allowing their products to be sold for Bitcoin - without even knowing it. Aside from the occasional creative Russian farmer or underground market in New Hampshire, the average agricultural worker is not that well-versed in fintech, and as such few are likely to accept Bitcoin for their products. Online retailer Overstock.com, which proudly accepts Bitcoin, launched Farmers Market in 2014, seamlessly connecting farmers and ranchers to customers. Through Overstock, farmers can inadvertently be paid for their....