Introducing Optimism - a low-cost and lightning-fast Ethereum Layer 2 blockchain.

Everything you need to know about the Optimism Campaign! Learn with the premier DeFi Options Academy.

Introduction to Optimism DeFi Options

Welcome, Recruit! In this article, you will learn about:

💡 Welcome to the Premia x Socket Campaign!

Welcome to the Optimism Campaign

💡 Optimism Campaign Timeline

What is Optimism?

Layer 2: A blockchain built on top of an existing "Layer 1" blockchain (e.g. ETH). Rollups such as Optimism and Arbitrum piggyback off of the security of a parent blockchain, effectively reducing gas fees and speeding up transactions while retaining security.

What is an Optimistic Rollup?

What Does "Rollup" Mean?

Why is it "Optimistic"?

Rollup: An efficient method for a Layer2 to submit transactions to Ethereum for security.

Optimistic: A method for a rollup to efficiently verify transactions without the need for initial computation.

Introduction to Optimism

Learn how to bridge assets cross-chain using Socket on Premia!

Learn how to bridge assets using Socket on Premia! What is Socket? A complete interoperability stack which allows asset & data transfer across blockchains.

Bridging With Socket | DeFi Options 101

Welcome to the second step towards becoming an OP Recruit, Anon! 

Learn how to seamlessly transfer assets cross-chain with Socket on Premia

💡 Welcome to Socket

What is Socket?

💡 Socket: Provides the tech for protocols to integrate cross-chain infrastructure directly into their front-end apps.

Bridging to Optimism on Premia

1. Click on the "Swap & Bridge" sidebar button on the left side of the screen. 

2. Choose the origin and destination chains on the "Swap & Bridge" modal. In this example, I'm choosing to bridge from Ethereum to Optimism.

3. Next, choose the asset and amount you want to bridge to the destination chain. With Socket, you can bridge almost any asset and have it automatically converted to the asset of your choosing! 

4. Click on "Review Quote". Socket will automatically choose the route with the best return and lowest fees.

6. Click "Bridge", and accept the transaction on your wallet. When the transaction is complete, you'll be free to use your ETH on Optimism!

Bridging With Socket

Learn about Premia Finance, the premier DeFi Options exchange on Optimism!

Premia Finance is a decentralized options platform where users can buy and sell DeFi Options with customizable strikes and expiries on multiple crypto assets.

Learn With the Premier DeFi Options Academy

Advantages of Premia as a DeFi Options platform

💡 Welcome to Premia!

Premia: The Premier DeFi Options Exchange

Premia Finance: Trade DeFi Options and earn yield with customizable strikes and expiries on a multitude of crypto assets, including BTC, ETH, and OP!

Who can Benefit from Premia?

DeFi Options Traders

Liquidity Providers

Premia caters to a wide array of users with different goals and needs in DeFi.

Advantages of Premia

Premia V2: A decentralized platform for trading DeFi options and earning yield from one-click liquidity pools.

Premia Blue: An upcoming upgrade that brings forth concentrated liquidity, one-click strategy vaults, options for any ERC-20, and OTC liquidity - a true lovechild between Uniswap V3 and Deribit.

Introduction to Premia

Learn about Call Options and how to trade them with Premia on Optimism!

Guide to Call Options - What are call options? What are DeFi Options and what is DeFi Options trading? Calls and Puts, and What DeFi options are used for.

Guide to Call Options | DeFi Options

It's the final step of the course, recruit! In this article, you will:

Learn how to trade DeFi Options on Premia

💡 Options Basics

What are Options?

Strike Price: The price at which an option gives its holder the right to buy or sell an asset at.

Expiration Date: Also known as maturity, this is the time at which an option expires, and can no longer be exercised.

Call Options

Put Options

Call Option: Gives its holder the right, but not the obligation to buy the underlying asset at a specific strike price and expiration date.

Put Option: Gives its holder the right, but not the obligation to sell the underlying asset at a specific strike price and expiration date.

Buying a Call Option on Premia

1. Choose the token and type of option you'd like to buy. To qualify for the quest, let's choose OP Call.

2. Choose the strike price, expiration date, and size. Option size is the amount of OP tokens that your Call Option will grant you the right to buy.

3. Option premiums up to 15 OP will qualify for Premia's OP raffle. Make sure the Total Cost doesn't exceed that amount, Anon!

4. Click "Buy Option", confirm the details, accept the transactions in your wallet, and that's it! You've got yourself an OP Call Option!

Guide to Call Options

Test your knowledge of Optimism and DeFi Options!

Test your knowledge of OP, Premia Blue, and DeFi options! Learn with the premier DeFi Options Academy. Premia Blue are the premier DeFi Options Academy.

Exam: OP Recruit | DeFi Options 101

Exam: OP Recruit

Learn about Premia, Socket, Optimism, and DeFi Options. This course was used as a part of the Premia x Socket Optimism Quest on Layer3.

Test your knowledge of Optimism, Socket, Premia Blue, and DeFi options! Learn with the premier DeFi Options Academy. Learn with the premier DeFi Options Academy.

Course overview

Optimism Recruit

Introduction to Optimism

Bridging With Socket

Introduction to Premia

Guide to Call Options

Exam: OP Recruit