Ethresearch proposal


Index-tracking synthetic assets using options instead of debt
Instead of borrowing against your ETH (and risking forced sales if price drops), you split 1 ETH into two tokens: P (Protected) + N (Risky).
- P acts like a stablecoin - it tries to keep steady value.
- You can always combine P + N back into 1 full ETH.
- If ETH price moves a lot, you just swap to a new P (rebalance). No panic selling.
Real Example:
You hold ETH and want stable money for rent.
ETH crashes? Your P drifts only a little. You calmly rebalance. No total loss.
Why is it Good?
- Much safer during crashes
- No sudden liquidations
- Works with slower, more secure price feeds
- Better for everyday users
Simple, robust, and already being built! @VitalikButerin likes it.
ETH3.40%
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