🔥 1inch integrates with Opium 🙌 It's time for some new earning opportunities! 🦄 We're glad to announce an integration with the derivatives platform Opium, which will enable users to take advantage of its derivatives pools directly in the 1inch dApp. ✅ Crypto derivatives work similarly to options contracts, enabling users to purchase insurance against, for instance, a significant decline in the price of ETH, or, conversely, to bet on an increase in its price. 💡 For instance, a user can buy Turbo ETH with a strike price of $2,200, which means that if ETH’s price goes above $2,200 at a specified date in the future, the user will automatically collect the difference between the price at the time of purchase and $2,200. 💰 Users providing liquidity to derivatives pools will collect yields coming from fees paid by buyers of derivatives. 🦄🚀 Based on performance at the time of launch, the annualized return for the Turbo 1INCH derivatives pool on Ethereum is projected to be 8.9%. 😎 Initially, the Turbo 1INCH derivatives pool will be available on Ethereum, while on Polygon, users will be able to choose between Turbo 1INCH, Turbo ETH and the ETH Dump Protection. ❓ Check this Help Center article for more details: https://help.1inch.io/en/articles/6162115-what-is-1inch-turbo-and-how-does-it-work 📄 More info: https://blog.1inch.io/1inch-integrates-with-opium-aa98d496a004 🐦 Retweet: https://twitter.com/1inch/status/1534898782592045057 🦄 1inch | Twitter | Discord | Medium | Reddit | YouTube 📲 Download the 1inch DeFi Wallet: 🍏 iOS | 🤖 Android