What is Polysynth?
Starting on our journey to know all about Polysynth Protocol
Last Updated: 18 August 2022
Polysynth Protocol is a DeFi Options Vault (DOV) protocol powered by Ethereum and Polygon, enabling you to express your views on the market and earn in all market conditions.
The beauty of DOVs lies in their simplicity. Investors simply stake their assets in vaults which deploy the assets into options strategies. Standing true to the nature of DOVs, Polysynth’s Option Vaults make it easier for investors to make the most out of options in perpetuity. Our option vaults abstract away all of the complexities of underwriting options, pricing options, juggling strike prices, and replaces it with a simple deposit and auto-compounding earning vault.

What can you do on Polysynth?

  1. 1.
    Simply deposit assets and auto-compound your wealth in all market conditions
  2. 2.
    100% on-chain, non-custodial investing
  3. 3.
    Earn sustainable high yields by options selling instead of token farming
  4. 4.
    Enjoy higher liquidity for underlying option contracts - more depth and variety of products
This document represents a continuous work in progress. We will endeavour to keep this document current with the latest developments. But due to the iterative nature of our development process, some implementations might differ from what is mentioned in this document. If you have identified any such issue, please report it to our discord or telegram channel.
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