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HEGIC

Some of Hegic’s key features are its ETH and DAI pools.

The Hegic ETH pool is non-custodial, and the liquidity providers can earn a premium in ETH. All of the deposited ETH in this pool is used for selling ETH call options, and holders of these options can swap their DAI for ETH at the strike price after they expire. In exchange, the one who purchases the option pays a premium. This premium is distributed to liquidity providers on a pro-rata basis when the option expires within two days or up to four weeks.

The DAI pool is for DAI liquidity providers and is typically used for selling ETH put options. This pool is meant for traders that want to purchase puts where providers supply their share of DAI for writeDAI tokens.

Purchasing, trading, or selling Hegic (HEGIC) can be done on the following exchanges:

• Binance
• OKEx
• ZT
• MXC.com
• Uniswap (V2)

If you are interested in learning how to buy Bitcoin (BTC), see our in-depth, step-by-step guide.

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