#SIREN
1. What is SIREN?
In simple terms, SIREN is a decentralized protocol focused on on-chain options. To help understand through analogy:
• It is the on-chain version of Deribit;
• It is the Uniswap of the options market;
• It can complete complex financial derivative transactions without trusting any centralized institution.
2. What can it do?
• For ordinary traders, SIREN can help you hedge or speculate using options, reducing market volatility risk;
• For DeFi users, it provides an innovative source of LP yield;
• For builders and project teams, it is a derivatives toolbox that can be used to develop structured yield products;
• For narrative capturers, this is a community-driven wealth game, with official community activities already launched and clear airdrop expectations.
3. What can it bring?
The significance of SIREN lies in its potential to spark a new narrative of "on-chain options." After the maturity of perp DEX, the next overlooked on-chain market is options. SIREN is trying to make this narrative truly emerge.
4. Where are the opportunities for Binance Alpha?
Binance Square is currently strongly supporting SIREN through essays, point tasks, and trading incentives. For Binance Alpha users,
• Participate in content production in advance;
• Interact deeply with on-chain products;
Perhaps it can provide the best entry for your next airdrop layout.
In one sentence: Binance Square, the SIREN narrative has just begun, Alpha is seizing it.