The platform will include a decentralized- finance-based (De-Fi) volatility token, as well as help spread awareness, and increase the use cases of the Solana network. ROPEV is a De-Fi-based volatility token providing a greed/fear index for the De-Fi market. The ROPEV index is proportional to the amount of liquidity in major liquidity pools (LPs). As tokens and LPs change over time, a mechanism is required to be able to change the ROPEV index LPs. The ROPE token is a governance token used to vote and govern the ROPEV index. By registering a volatility index, ROPEV, from different De-Fi markets, we break down the market's assumption for future volatility. A technique is to use liquidity pools as a measure of market sentiment. ROPEV is the only full-scale decentralized move to bring this complex and well known "market fear index" to the crypto market.
- BlockchainA blockchain is an append-only digital ledger storing a set of time-ordered transactions grouped in blocks that are linked together using cryptographic hashes.
- Blockchain and cryptocurrencyTopics related to blockchain and cryptocurrency.
- Crypto (a cryptocurrency)Crypto (CTO) was a lite version of Bitcoin using a Lyra2RE as a proof-of-work algorithm.