We announced a new product!

← Back to Playlist

Watch in Youtube →

The Composers: Episode #2 - PsyOptions Featuring Friktion

Welcome to The Composers, Serum's podcast series based on our weekly Twitter Spaces. Who is composing with Serum to deliver the next generation of decentralized finance (DeFi) services? This week, we're joined by Tommy and Taylor from the PsyOptions team, as well as Friktion Labs. PsyOptions is a fully decentralized American-style and physically-settled options protocol built on the Solana and Serum. Friktion is DeFi’s premier risk-management solution and poised to launch their devnet alpha. We talk options theory, risk management solutions, PsyOptions' Solana Hackathon success, the move from a non-financial background into building derivatives on Solana, and much more! If you enjoyed this video, follow Project Serum on YouTube for more! Timestamps 00:00 Introduction 01:18 PsyOptions Elevator Pitch 02:30 What is American Style? 04:40 How did PsyOptions start? 06:37 Traditional Finance Experience 08:30 Why Are Options An Important Next Step of DeFi? 10:21 PsyOptions Highlights & Key Moments 14:15 PsyOptions and Friktion 18:01 Choosing Solana as a Layer 1 20:06 What are the PsyOptions and Friktion teams excited about for the future? 23:00 What's Next for PsyOptions? Learn more about Serum: https://linktr.ee/projectserum Learn more about PsyOptions: https://psyoptions.io/ Learn more about Friktion Labs: https://friktion.finance/ Visit Project Serum: https://www.projectserum.com/ Follow Project Serum Twitter: https://twitter.com/ProjectSerum