“Primitive is an oracle-free solution to scalable and efficient on-chain derivatives, reflecting our belief that the future of decentralized finance should not depend on expensive (and often brittle) oracles.”
(Source: Primitive Finance)
About Primitive Finance – Core engine smart contracts
“The features on launch include:
- Concentrated fungible liquidity
- Liquidity pool tokens that replicate covered call options
The protocol can be used for:
- Earning swap fees as a liquidity provider
- Swapping between tokens of underlying pools
- Building structured products using the composable liquidity pool tokens
- Creating liquidity pools for any token pair
Out of the box, Primitive is the base infrastructure for an oracle-free DeFi and the future of on-chain derivatives.”
Source: https://mirror.xyz/mirror.primitive.eth/l5F1BLMhfmcm_B1R2w-by003_oiAz2-Ir_Jj_rCvGCs