Hi Chris,
Thanks for your post.
First off, I apologise for using the word plagiarise. I had an initial emotional response to finding out about your project, and was blind-sided. I editted the above post to state that I was wrong to rectify for anyone who had read that I claimed plagiarism. But perhaps I wasn’t explicit enough. I’ll state it again here. I’ve seen the timestamps of your Tweets etc. and you by no means plagiarised. Again, we are sorry for the mistake.
That’s great that ethVIX has been approved as a pricing feed for UMA synths. What is proposed in this thread is that we have a modified CBOE VIX methodology to account for the otherwise insufficient pricing mechanisms within DeFi for options contracts. Using this algorithm, we can get a target of the VIX with a reasonable amount of accuracy for all assets with a certain threshold number of options contracts.