/biz/ - Business & Finance

This is the sub-$10M marketcap gem that you were looking for.

Very comfy Premia thread.

Slupring every dip.

Comfy Christmas Premia thread.

Are you staking? LPing? Really good yields in the Fantom pools at the moment.

Lmao that is so pathetic. Premia makes more than that and it distributes 80% of those fees to stakers. 1.1 BILLION DOLLAR marketcap project generates less revenue than an 8 MILLION dollar marketcap project. What a great investment you niggers have yourselves there.

Modern /biz/lets are truly hopeless.

>>52763327
>at least gns has some tvl not to mention gmx which simply cannot lose with their current position in the market unless they completely stop developing better ux
Premia is not competing with either GMX or GNS, it's an Options platform.

>premia has less than 2M tvl
Premia has $7.1M tvl at $8.3M marketcap, that's a significantly higher TVL/marketcap ratio than GNS at $19M / $114M. Even at $2M (you were only counting mainnet, Arbitrum is the main chian) it would be more impressive than GNS.
Was this supposed to be a point against Premia?

>>52763369
>the problem is that shrimps dont play with options onchain
But they do and it shows in the volume that Premia facilitates and the protocol revenue that it generates. There is enough liquidity for the average 6-7 figure net worth trader.

>not enough liquidity for whale trades. if tvl doesnt rapidly grow it can never take off properly to attract wider audience
First good point that you've made, and you're right. It's hard to bootstrap liquidity for options on chain without relying on external centralized market makers or limiting the functionality of the platform. This is why Premia uses AMM liquidity pools for its options as it has proven to be the most scalable model.
Premia is rolling out a huge protocol update scheduled for Q1 2023 which will make several crucial improvements for LPs which will certainly grow TVL, alongside a margin system which will enable trading with leverage. With this update there will be more than enough liquidity for whales.

Premia

Yeah you're an idiot if you're not buying down here. Bitcoin will certainly do well buy I'm more interested in accumulating undervalued alts like Premia which will inevitably run like AAVE and SNX in the next cycle.

Premia