DIVA Protocol $DIVA

DIVA Protocol is an innovative smart contract-based system dedicated to the creation and management of derivative financial contracts on a peer-to-peer basis. The platform stands out from its contemporaries due to a number of distinct features, including high customization, an integral compliance layer, gas optimization, and composability. The DIVA Token acts as the governance token for the platform, enabling the token holders to sway the direction of the protocol.

Unique Features of DIVA Protocol

High Customization

The DIVA Protocol offers unparalleled customization, enabling users to utilize almost any metric as the underlying and select from an extensive variety of payoff profiles.

Compliance Layer

Being one of the initial DeFi protocols to implement a compliance feature, DIVA Protocol is designed to be auspicious for traditional financial institutions. This feature ensures that these institutions can utilize the DIVA Protocol in compliance with existing KYC and AML regulations.

Gas Optimization

DIVA Protocol has efficiently implemented an off-chain matching mechanism combined with an on-chain settlement process which uses the EIP712 signature standard. This smart implementation optimizes the gas usage by creating the derivative contract on-chain only after finding a counterparty.

Composability

With an emphasis on composability, the DIVA Protocol leverages the true potential of decentralized finance. It enables developers to effortlessly integrate DIVA Protocol with any oracle and trading infrastructure, hence facilitating the building of end-user applications.

History of DIVA Protocol

Founded in late 2020 by two individuals with substantial experience in traditional finance and smart contract development, DIVA Protocol carries a blend of 15+ years of expertise in derivatives trading, portfolio & risk management, and 6+ years in smart contract development. The protocol was officially launched on the mainnet on June 4/5, 2023.

Future of DIVA Protocol

DIVA Protocol aims to expand its developer community and enhance use cases & applications in the future.

Usage of DIVA Token

The DIVA Token, as the governance token of DIVA Protocol, entrusts its holders with the power to influence the progression of the protocol. This is achieved by delegating the responsibility of