Welcome to the AD Derivatives podcast led by Director of Derivatives; Greg Magadini. Featuring: Kyle Scott, Co-Founder of Numoen
In this episode, host Greg Magadini speaks with Kyle Scott, Co-Founder of Numoen a new approach to DeFi options, and takes deep dive into protocol specifics. Here you can view Numoen docs!
Numoen, an application for interacting with the Power Market Maker Protocol (PMMP), allows any user to hedge their Uniswap V3 LP position in three simple clicks.
PMMP is a suite of non-upgradable smart contracts that function without any trusted intermediaries. The protocol is designed for taking two underlying assets and creating a derivative asset with constant leverage, referred to as "Power Tokens". As a fully autonomous protocol, there are no admin functions and zero external dependencies.