ETH Deposits are Now Live on the Crypto Volatility Index Platform ($GOVI)
We are happy to announce we have successfully reached one of our major milestones for CVI in Q1, the Ethereum platform!
Users can now connect with Metamask, deposit ETH and buy positions or provide liquidity to the platform.
Users can also stake their CVI-ETH-LP tokens and get $GOVI rewards.
The release for Ethereum includes more optimizations, reducing gas costs even further. We expect to cut down an additional 18% of the gas costs, which brings us to 60% in total.
Another major infrastructure improvement achieved was adding the groundwork for margin trading, which would deepen possible use cases and trade scenarios, and maximize the capital efficiency of position holders, for example, those who open a position seeking protection from impermanent loss.