1. What is VIX?

The Relationship Between VIX Index and Tokens

The VIX Index (Volatility Index) is primarily used to measure the volatility of the US stock market, especially the implied volatility of the S&P 500 Index (SPX) over the next 30 days. While the VIX Index itself is not directly related to Tokens, the following points can help understand the indirect connection between the VIX Index and Tokens:

1. Market Sentiment Indicator: The VIX Index is seen as a barometer of market sentiment, reflecting the level of concern and panic among investors. In the Tokens market, there are similar fear and greed indices used to gauge investor sentiment toward the Tokens market.

2. Risk Management: The VIX Index can serve as a risk management tool to help investors hedge against market risks. In the Tokens market, investors can also use similar strategies for risk management, such as purchasing put options to hedge against potential downward risks.

3. Volatility Prediction: The VIX Index predicts the future 30-day volatility through option prices. Although there is no direct VIX Index for the Tokens market, investors can use similar methods to predict the volatility of Tokens, such as analyzing price changes in Tokens options.

In summary, the relationship between the VIX Index and Tokens mainly lies in the aspects of market sentiment indicators, risk management, and volatility prediction. Although the VIX Index itself does not directly involve Tokens, its principles and applications can provide valuable references for Tokens investors.

2. Who Founded VIX?

TokensVIX (CVI) was established in collaboration between COTI Network and Dan Galai, the founder of VIX. Dan Galai is one of the researchers who originally proposed the concept of VIX and later collaborated with COTI Network to develop the Tokens version of VIX, namely CVI.

3. Which Venture Capitals Invested in VIX?

According to the provided search results, it appears that there is no direct mention of which venture capitals invested in TokensVIX. VIX typically refers to the Volatility Index, which is not directly related to Tokens but rather associated with the implied volatility of options related to the S&P 500 Index in the US stock market.

If you would like to know which venture capitals invested in Tokens or blockchain-related projects, the following information may be helpful:

• Investments in Blockchain and Tokens: Many venture capital firms have invested in blockchain and Tokens-related projects, but this information was not specifically mentioned in the provided search results. Typically, venture capital firms investing in Tokens or blockchain projects will announce relevant information on their official websites or press releases.

• Related Companies: The provided search results mentioned companies like Coinbase, Bit Digital, Bitdeer, and Bitfarms, which are associated with Tokens and blockchain, but there was no specific mention of which venture capitals invested in these companies.

In conclusion, based on the provided search results, it is not possible to directly determine which venture capitals have invested in TokensVIX, as VIX typically refers to a volatility index related to the US stock market, rather than Tokens.

4. How Does VIX Work?

The VIX (Volatility Index) is an index used to measure the implied volatility of the S&P 500 Index over the next 30 days, while the Tokens VIX index is based on a similar concept, used to measure the volatility of the Tokens market. Here are the operational principles of the Tokens VIX index (CVI):

1. Concept: CVI is the VIX index for Tokens, used to track the volatility of the Tokens market. It was created in collaboration between the COTI team and Dan Galai, the original creator of VIX.

2. Operational Principle: CVI measures implied volatility by weighting the prices of Tokens options. It reflects investors' expectations of future volatility in the Tokens market.

3. Range: CVI ranges from 0 to 200 and is divided into low volatility (0-85), medium volatility (85-105), and high volatility (105-200).

4. Ways to Trade: Investors can profit from CVI in two ways:

5. Betting on Volatility: If predicting that future volatility will increase, one can purchase CVOL tokens linked to the CVI index.

6. Profiting from Others' Bets: One can deposit USDC into a Theta Vault as a long-term investment to earn interest, but it is important to note that one could lose money when CVI spikes.

7. Points to Note: CVOL tokens have a built-in Funding fee; the lower the CVI, the higher the fee, represented as a daily Negative Rebase, resulting in a decrease in the quantity of CVOL tokens.

In summary, the Tokens VIX index (CVI) is an index used to measure the volatility of the Tokens market, predicting future volatility through the weighted average of Tokens options prices, providing investors with opportunities to profit from volatility.