- 22 September 2021
- about 1 hour ago
- View Tweet
The developers and designers at SIREN have been working on a protocol for decentralized options trading, and we’d like to share our thoughts on it with you here. Options are a financial primitive from which one can build many different more complex financial instruments. At their core, options give a trader the choice to buy or sell an asset at a predetermined price at a known time in the future. This is useful for protecting yourself (a.k.a hedging) against possible price changes in the asset, as well as speculating on these price changes.
|Role of token||Utility|
|Available for Token Sale||26%|
~~Live now on Siren Currents Twitter Spaces for all things DeFi Security🔐 https://t.co/Njb5tMVkBs
Our next Twitter Spaces will be on DeFi Security🔐 Join us tomorrow at 10am PT / 1pm ET / 7pm CET to talk about the DeFi security landscape. Our guest speakers are: @dguido from @trailofbits @iamdonho from @Quantstamp https://t.co/ycoYe3lr7M
Join us tomorrow at 10am PT / 1pm ET / 7pm CET for our first Twitter Spaces to talk about the recent events and the state of Defi + Options. Speakers: @SeaFi_SIREN , @cmsholdings @tarunchitra https://t.co/eNJS4D8qIz
Earlier today, SIREN was exploited for ~$3.5M worth of tokens. The exploit has been stopped and we are working to identify the hacker. More info here: https://t.co/4hEP9FJ1MT
SIREN Polygon pools and trading will remain shut down through the weekend while we try to negotiate for return of funds. Thanks for sticking with us, everybody. Postmortem report currently in progress.
Confirmed that only Polygon/V2 pools are vulnerable. Polygon pools will remain locked until patch can be applied. Mainnet/V1 pools are unaffected.
We are still investigating the exploit and will provide a full postmortem report once we have more details. Thanks, merfamily, for hanging with us.
This exchange address funded the ETH to perform the exploit. Anyone know how to identify the exchange? https://t.co/z8N40ton3r
Some funds may have been drained from SIREN pools earlier today. Funds have been moved to addresses below. If funds have been moved improperly we are offering a bounty for return of funds. Team is currently contacting exchanges to monitor these addresses.
SIREN Team is actively investigating a potential security incident. We will continue to post more information as it becomes available.
In order to increase trading volume and provide more organic yield, we propose SIP-18 to shift liquidity towards utilization for long term sustainability.🔱 Voting still open for ~48 hours.🌊 https://t.co/qOoSMVfYyvhttps://t.co/Hi2OjpHiXR
Sea dwellers👋 We have deployed 7 new Series on V2. 60 Call Options. 10 Put Options.👀 Cost to deploy: $0.10 on @0xPolygon 📈 Trade $WMATIC, $SUSHI, $KNC, $YFI, $WETH, $UNI and $WETH at https://t.co/2sEsYdCnu5
We are holding a Discord AMA tomorrow to welcome new SIRENians and discuss all things V2 + Q3. Tomorrow: Friday, 27th August 8am PT / 11am ET / 5pm Central Europe https://t.co/8dIjIPAyLx Keep swimming 🧜♀️🐚🐠
Welcome to the new sea dwellers 🧜♀️ SIREN is the anchor to DeFi Options trading. You can trade or become an option writer 🌊 Here is a quick tutorial on getting started:
🧜♀️ | SIREN V2 | 🧜♀️ #Lyonesse Release is now Live on @0xPolygon 🔱 V2 unlocks the seagates to trading DeFi Options with efficient gas and a seamless trading experience! Trade options for your favorite alts available only on SIREN + Polygon https://t.co/HvCFpu7dkshttps://t.co/0QGmjx858d
In the lead up to our V2 Launch, we’re giving away 3 Party Penguins. 🐧 1. Follow @sirenprotocol 2. RT + Like with the #Lyonesse tag for a chance to win. Winners chosen tomorrow at Tuesday 10AM PT. https://t.co/JT0HkK6KiS