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What is Hegic?
Hegic is a non-custodial options exchange built on Arbitrum. Hegic was founded by Molly Wintermute and launched in 2020.How does Hegic work?
The option buyers pay premiums (revenue) to HEGIC stakers, who collateralize the option positions and cover the buyers' potential profits from their collateral.Who governs Hegic?
HEGIC tokenholders own and govern the protocol. They charge a premium (revenue) for each option that is bought on the platform.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.