Pods.finance is building an Options protocol on Ethereum where users can buy, sell and provide liquidity to options pools on the Pods Options AMM. Pods aim to provide the easiest and smoothest hedging experience for DeFi investors.
By allowing sellers to lock a pre-existing investment in the form of an interest-bearing token (such as aUSDC) inside an option’s contract as collateral, they can earn both Lending interest via Aave and Premium for selling options. Meaning, rather than choosing between lending USDC in Aave or selling a put option now, the user can do both. Pods uniquely leverage options and is live on Kovan testnet for beta users. Pods don’t have a token yet.