Anon-powered options: DeFi platform Premia goes live

Cointelegraph

Published Feb 07, 2021 02:17PM ET

Updated Feb 07, 2021 04:00PM ET

The Anon Powered development team has announced today the launch of Premia, the latest decentralized finance (DeFi) options platform live on Ethereum.

In an interview with Cointelegraph, the group of semi-anonymous developers behind Anon Powered — who collectively requested that they be referred to as “members of the Premia Republic,” the name for Premia’s forthcoming DAO — said that out of the gate users will be able to write, sell and exercise “American-style covered calls and puts,” which can be exercised prior to the option expiration date.

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