SIREN (SI) is a distributed and flexible protocol that allows users to trade, create, and redeem the fully-collateralized options contracts against any ERC-20 token on Ethereum. The platform aims to offer a high level of flexibility and scalability by initiating trade between options on the platform. The SIREN protocol enables DeFi users to efficiently use options to generate passive earnings streams.

Furthermore, the SIREN protocol aims to focus on creating a seamless and high-quality experience for users by eliminating the use of third-party mechanisms. The SIREN has separated the AMM (automated market-making) layer from the settlement layer. Subsequently, the separation allows modification to the design of pool administration and market-making. The AMM is part of DEXs, introduced to remove any intermediaries in the trading of assets. The AMM is like a computer program that automates the process of providing liquidity.

Its whitepaper claims that the token SI is designed to be used solely as an interoperable utility token. SI allows holders to vote on the on-chain governance proposals and further determine the future parameters/features of SIREN. Moreover, to develop a closed-loop and self-sustainable economy, all the fees collected are re-distributed in SI. The redistribution is given as an incentive to active contributors within the ecosystem. The main application for SIREN is a set of smart contracts living on the blockchain that work in coordination with external users. There are four main parts:

In December, 2020 the smart contracts were deployed. In August, 2021, the development of the codebase for SIREN (SI) started.

我們實時將 Siren 更新為 USD 貨幣。在 Coinbase 上獲取 Siren 的實時價格。

Siren 目前的市值為 US$21.389万。高市值意味著資產受到市場的高度重視。

Siren 的歷史最高紀錄是 US$0.00。這是自從 Siren 推出以來的最高價格。

在過去 24 小時中，Siren 的交易量為 US$442.636。

與 Siren 市值相似的資產包括 Corn, BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, USDC ARM LP Token [OLD] 和許多其他資產。若要查看完整清單，請參閱我們的可比市值資產。

Siren 目前的循環供應量為 1亿。