How Cega is bringing structured option products on-chain w/ Adam Bawi

Summary In this conversation, Adam from Cega discusses the role of Cega in bridging on-chain and off-chain participants in the crypto space. They talk about the transition from Solana to Ethereum and the challenges faced during that process. The conversation also covers risk management and security measures implemented by Cega to protect users' funds. They explore the possibility of mixing DeFi products with off-chain market making and discuss the expansion to Ethereum and Arbitrum. The conversation concludes with a discussion on improving user experience and clarity of product offerings, as well as the long-term vision for Cega. Takeaways Cega plays a crucial role in connecting on-chain participants with off-chain market makers and strategies in the crypto space. The transition from Solana to Ethereum was driven by the need to attract more users and overcome the challenges faced on Solana. Cega implements security measures such as ISDA agreements and balance sheet checks to ensure the safety of users' funds. There is potential to mix DeFi products with off-chain market making to create a more decentralized and efficient system. Cega aims to expand its product offerings and explore new collateral types to provide better opportunities for users. Chapters 00:00 Introduction to Cega and its Role in the Crypto Space 03:32 The Need for Solutions that Bridge On-Chain and Off-Chain Participants 07:00 Transition from Solana to Ethereum 08:35 Managing Risk and Security Measures 10:16 Exploring the Possibility of Mixing DeFi Products with Off-Chain Market Making 12:37 Expansion to Ethereum and Arbitrum 14:19 Improving User Experience and Clarity of Product Offerings 17:03 Understanding the Dragon and Elephant Strategies 19:01 Introduction to Dual Currency Swap Vaults 20:38 Onboarding Off-Chain Strategy Executors 21:30 Payment for Order Flow System and Bidding Process 23:12 Long-Term Vision for Cega 24:23 Exciting Developments and Opportunities for Cega Website: https://www.cega.fi/ Twitter: https://twitter.com/cega_fi LinkedIn: https://www.linkedin.com/company/cega-fi/ Donate to Leviathan News: https://arbiscan.io/address/0x110d68F5DFA414E943181Dec3346D4CA0d6DE37F Telegram: https://t.me/leviathan_news Twitter: https://twitter.com/leviathan_news Discord: https://discord.gg/7WtnhqJ7za YouTube: https://www.youtube.com/@Leviathan_News Spotify: https://open.spotify.com/show/69yxNKomUIbdNMFoTjp49K