{"id":62596,"date":"2022-06-07T20:41:11","date_gmt":"2022-06-07T17:41:11","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=62596"},"modified":"2025-09-05T18:59:01","modified_gmt":"2025-09-05T15:59:01","slug":"opium-adds-dutch-auctions-for-options-strategies","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/opium-adds-dutch-auctions-for-options-strategies\/","title":{"rendered":"Opium adds Dutch auctions for options strategies"},"content":{"rendered":"<p>The Opium Protocol team added support for <span data-descr=\"an auction in which the highest price is announced first, and bids decrease until the first buyer agrees\" class=\"old_tooltip\">Dutch auctions<\/span> for the DeFi Option Vaults product and other automated strategies.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We are thrilled to introduce Dutch auctions for DeFi Option Vaults and other automated strategies \ud83c\udf8a\ud83c\udf8a\ud83c\udf8a<br \/>Non-interactive, decentralised, gas- and price- efficient auctions are open to everyone; it will change the game\ud83c\udfaf<a href=\"https:\/\/t.co\/6HVkimzUzd\">https:\/\/t.co\/6HVkimzUzd<\/a> <a href=\"https:\/\/t.co\/M1Z0ncdt2v\">pic.twitter.com\/M1Z0ncdt2v<\/a><\/p>\n<p>\u2014 Opium (@Opium_Network) <a href=\"https:\/\/twitter.com\/Opium_Network\/status\/1534171425732452353?ref_src=twsrc%5Etfw\">June 7, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Thousands of traders and hundreds of liquidity sources participate in the auctions alongside private market makers and arbitrageurs,&#8221; said representatives of Opium Protocol.<\/p>\n<\/blockquote>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"446\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1_9lNs3vo0QKcOY9yeZ2Q-9w-1024x446.png\" alt=\"Opium adds Dutch auctions for options strategies\" class=\"wp-image-175292\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/1_9lNs3vo0QKcOY9yeZ2Q-9w-1024x446.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/1_9lNs3vo0QKcOY9yeZ2Q-9w-300x131.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/1_9lNs3vo0QKcOY9yeZ2Q-9w-768x335.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/1_9lNs3vo0QKcOY9yeZ2Q-9w.png 1400w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: <a href=\"https:\/\/app.opium.finance\/eth\/auction-data\">opium.finance<\/a>.<\/figcaption><\/figure>\n<p>The new feature saves gas, since <span data-descr=\"Takers \u2014 users who instantly buy or sell assets\" class=\"old_tooltip\">takers<\/span> require only one transaction to select a lot at the desired price.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The price can decrease along a linear or exponential trajectory over seconds, minutes or even hours,&#8221; explained Andrei Belyakov, founder of Opium Protocol.<\/p>\n<\/blockquote>\n<p>Last year the project <a href=\"https:\/\/forklog.com\/en\/news\/opium-protocol-launches-governance-token-opium\">released the governance token OPIUM<\/a> as part of the drOpium liquidity mining model based on game theory.<\/p>\n<p>Earlier, Opium Protocol <a href=\"https:\/\/forklog.com\/en\/news\/opium-protocol-launches-rental-payment-insurance-service-for-realt-fractional-real-estate\">launched<\/a> a service insuring rental payments for fractional real estate purchased on the RealT platform.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Opium Protocol added support for Dutch auctions for the DeFi Option Vaults product and other automated strategies.<\/p>\n","protected":false},"author":1,"featured_media":62597,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1168,2070],"class_list":["post-62596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crypto-derivatives","tag-opium-protocol"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/62596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=62596"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/62596\/revisions"}],"predecessor-version":[{"id":62598,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/62596\/revisions\/62598"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/62597"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=62596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=62596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=62596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}