Product offerings

Dirac Finance product suite takes the form of Vaults, each carefully crafted to encapsulate distinct option strategies. The primary objective of these strategies is to provide investors with robust principal protection while simultaneously fostering yield growth. Our array of Vaults caters to diverse market trends and varying risk appetites, offering investors the flexibility to subscribe to multiple Vaults at their discretion.

Integral to our Vaults' operations is the Dirac Finance intelligent decision algorithm, orchestrated by the Dirac DAO. This algorithm takes center stage, ensuring that every position is meticulously considered before execution.

In addition to intelligent decision-making, all Dirac Finance Vaults benefit from portfolio-wide hedging actions, another integral component masterminded and automatically overseen by the DAO. This comprehensive risk management approach is designed to safeguard investor interests across the board.

Dirac Finance roadmap unfolds in three distinct phases:

Phase 1 In this initial go-live phase, we introduce three distinct Vaults, each tailored to address specific investor needs:

- 30-day downside option selling, coupled with Dirac Decision Making Algorithm (DDMA) and Dirac Global Hedging Algorithm (DGHA).

- 30-day topside option selling, complemented by DDMA and DGHA.

- Crypto Linked Notes, offering principal protection alongside DDMA and DGHA.

- Full collateralization is a cornerstone of this phase, ensuring that investors face no undue exposure.

Phase 2 In the second iteration of our protocol, we expand our product offering to encompass structured products and notes based on second-generation exotic options. This phase is characterized by:

- Structured products and coupon-bearing notes with crypto underlying, introducing a diverse range of yield-enhancing vaults.

- Partial collateralization will be employed for more efficient asset usage.

Phase 3

In this advanced phase, we delve into the realm of yield-enhancing products that leverage second-generation derivatives, including accruals and various types of TARFs.

In this phase, we introduce dynamic collateralization based on our advanced margining algorithm. Beside security for investors and counterparties, it’ll make the use of assets on the chain much more efficient and dynamic.

With these three pivotal phases, Dirac Finance is poised to deliver an array of innovative products that cater to the evolving needs of crypto investors, offering a blend of security, yield, and sophistication.

Important note:

Dirac Finance is decentralizing both deposits and strategies: any derivatives trader can propose a strategy to be incorporated into the Dirac Finance infrastructure, including vaults and the entire risk mitigation framework. Proposed strategies will be submitted to DAO voting. Once a strategy is running on mainnet, strategists receive 2% of the profits generated by all the strategies they have proposed and which have been selected.